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Semiconductor shares are a favourite amongst tech traders. These firms tend to have regular companies and affordable valuations.
After all, a couple of names can command hefty premiums, however that’s common available in the market.
Currently, although, this group has taken the brunt of the selloff.
Maybe it’s as a result of traders take into account them too cyclical and foresee a coming recession. Possibly traders are likely to lump these names in with the expansion shares, which have been the worst performers amid the latest bear market.