More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?
AI disclosure
Summary
Major semiconductor names have been falling hard as investors take profits following a blockbuster second quarter.
Discussion on
Trending posts from X.
How is the S&P 500 at all time highs while 60% of tech stocks are crashing? https://t.co/lfUXZywYgk pic.twitter.com/OaZCWiNZMO
— Noah (@antibearthesis) July 7, 2026
THE US TECH RALLY IS HIDING SOMETHING VERY DANGEROUS.
— Bull Theory (@BullTheoryio) July 7, 2026
The S&P 500 tech index is near all time highs. If you think this rally is healthy, you are wrong.
59% of the stocks inside that index are already down more than 20% from their peaks.
If you are holding a tech ETF right… pic.twitter.com/eWwl1udrY5