Investors in Chip Stocks Are Beginning to Worry the Party Is Over

April 2, 2015 6:48 PM

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After two years of a glorious rally, investors in chip stocks are beginning to worry that the party is over.

The Philadelphia Semiconductor Index – or SOX, which includes 30 chipmakers like Intel, Qualcomm, and TSMC – has outperformed the Nasdaq Composite since March 2013, rising 63% during that period to the Nasdaq’s 51%. But this past month, the SOX has dropped 6.1%, while the Nasdaq is down 2.9%.

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