Chip stocks in the US fell after the strongest year since 2009
Shares of U.S. chipmakers added to a string of losses on Wednesday as Wall Street’s main semiconductor benchmark fell from record highs after the strongest year since 2009 as the sector recovered from the financial crisis. A more than 2% drop in shares of Advanced Micro Devices, Qualcomm and Broadcom had the biggest impact on the PHLX Semiconductor Index, which fell 2.1%.
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