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Memory stocks slump: iShares Semiconductor ETF drops 9% and Micron falls as much as 17%

TechnologyInternationalBarron'sAI summary
Image: Barron's

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.
Read the full story at Barron's

IASummary generated by artificial intelligence from a story by Barron's. It may contain errors: the original source prevails.

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