Why did semiconductors sell off this week?

By Vlad from Bastion on July 18, 2026

Honestly, we don't think it's worth hunting for a catalyst behind a pullback in stocks that already doubled or tripled over the past year. Sharp 20-30% drawdowns with no clear news are a normal part of owning high-momentum growth. The volatility is the price you pay to hold the biggest winners.

10 worst mega caps this week:

💾 SanDisk -29% $SNDK 💻 IBM -26% $IBM 💾 Marvell -20% $MRVL 🖥️ Corning -19% $GLW 💾 Western Digital -18% $WDC 💻 Applovin -16% $APP 🩼 Intuitive Surgical -15% $ISRG ✈️ SpaceX -15% $SPCX 💾 Intel -13% $INTC 💾 Micron -13% $MU