July 18, 2026
Why did semiconductors sell off this week?
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:
š¾ SanDisk -29% $SNDK
š» IBM -26% $IBM
š¾ Marvell -20% $MRVL
š„ļø Corning -19% $GLW
š¾ Western Digital -18% $WDC
š» Applovin -16% $APP
𩼠Intuitive Surgical -15% $ISRG
āļø SpaceX -15% $SPCX
š¾ Intel -13% $INTC
š¾ Micron -13% $MU
