Memory stocks slump: iShares Semiconductor ETF drops 9% and Micron falls as much as 17%
The selloff in chip stocks has turned extreme: the iShares Semiconductor ETF fell 9% and memory-chip maker Micron dropped as much as 17% before partially recovering. Divya Mathur, portfolio manager at ClearBridge Investments, sees memory stocks as attractive to buy on the dip.
In 25 seconds
- The iShares Semiconductor ETF fell 9% amid the selloff in chip stocks.
- Micron, a memory-chip maker, dropped as much as 17% before partly recovering.
- Divya Mathur of ClearBridge Investments sees a buying opportunity in memory stocks.
IASummary generated by artificial intelligence from a story by Barron's. It may contain errors: the original source prevails.


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