Marvell Technology, Inc. (MRVL)

Chip sector drops nearly 10% on week as Micron outlook points to declining demand

The semiconductor sector logged one of its worst weeks in an already lousy year following more evidence that the COVID-19 chip sector boom was drawing to a close.

• 
  Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.

  Barrons.com
• 
  There may be another shoe to drop after Micron’s big outlook miss

  MarketWatch

SOX semiconductor index could double over the next couple of years, analyst says

Despite potential for further downside, semiconductor stocks could rebound significantly over the next couple of years, according to Columbia Threadneedle Senior Equity Analyst Dave Egan.

The Number of Netflix Bulls Is Dwindling

(Bloomberg) -- Even in a year that has seen widespread selling of technology stocks and long-time market leaders fall into bear territory, the woes of Netflix Inc. stand alone.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesHow Europe Became the Epicenter for This Summer’s Travel ChaosStock Doomsayers Vindicated in Historic First Half: Markets WrapThe video-st