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61 Semiconductor Stocks Lead Friday’s Market Selloff

The Information
Phoebe Liu @ The Information 2 place · today 17:18 EDT

Semiconductor Stocks Lead Friday’s Market Selloff

Semiconductor stocks sold off on Friday after going on a historic tear over the last several weeks, partly in response to May’s excellent jobs report that fueled speculation about an interest rate hike. Chip maker Marvell fell 17% while memory maker Micron and chip design firm Arm each fell 13%. ...

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