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Benzinga
Benzinga
Business
Rishabh Mishra

SOXX Enters Bear Market: Why Ed Yardeni Says Semiconductor Stocks Could Fall Another 12%

Ed Yardeni Semiconductor ETF Stock Market Moonshot
Chips, semiconductor shutterstock_2198551397

The broader stock market remains seemingly calm, but a brutal 20% semiconductor plunge has veteran strategist Ed Yardeni warning that high-flying tech equities have even further to fall.

While the S&P 500 is hovering securely around the 7,500 level—just 2.0% below its June 2 all-time high—momentum tech stocks are in freefall.

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