The Chip Conundrum: What's Behind Hedge Funds' Fickle Favoritism The tech sector, once the darling of Wall Street, is showing signs of waning favor among hedge funds.
For four consecutive weeks, these investors have been unloading chip stocks, a trend that has sent shockwaves through the global semiconductor market.
The SOX index, which tracks the performance of semiconductor stocks, fell by 4. 2% in the week ending July 3.