AI Summary
AMD and Broadcom both experienced significant declines as the semiconductor sector fell into a bear market, with the PHLX Semiconductor Index dropping over 20% from its June peak. The article compares these two AI chip leaders to determine which presents a better buying opportunity following the recent sell-off.
A brutal week for chip stocks ended with the PHLX Semiconductor Index in a bear market, down more than 20% from its June peak. Two of the AI (artificial intelligence) trade's flagship names went down with it. Advanced Micro Devices (NASDAQ: AMD) now trades about 15% below its high, while…
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