Bearish for the Nasdaq
Semiconductor Bear Market Deepening
Updated 13 October 2026
The bearish argument: Semiconductor stocks remain under pressure with the Philadelphia semiconductor index hitting three-week lows, suggesting the sector has not yet stabilized despite modest recovery attempts and remains significantly below recent highs. Technology weakness is concentrated in chip stocks, which are underperforming other sectors.
What changed?
Not in yesterday’s coverage · 19.1% of Nasdaq 100 coverage today
How attention has changed
19.1% of Nasdaq 100 coverage
Rolling 3-day share · as of 13 Oct 2026
This measures attention in published coverage, not the likelihood of a price move.
| Date | Share of coverage |
|---|---|
| 2026-09-14 | 0% |
| 2026-09-15 | 0% |
| 2026-09-16 | 1.4% |
| 2026-09-17 | 1.2% |
| 2026-09-18 | 1.3% |
| 2026-09-19 | 0% |
| 2026-09-20 | 0% |
| 2026-09-21 | 0% |
| 2026-09-22 | 0% |
| 2026-09-23 | 0% |
| 2026-09-24 | 0% |
| 2026-09-25 | 0% |
| 2026-09-26 | 0% |
| 2026-09-27 | 0% |
| 2026-09-28 | 0% |
| 2026-09-29 | 0% |
| 2026-09-30 | 0% |
| 2026-10-01 | 0% |
| 2026-10-02 | 0% |
| 2026-10-03 | 0% |
| 2026-10-04 | 0% |
| 2026-10-05 | 0% |
| 2026-10-06 | 0% |
| 2026-10-07 | 0% |
| 2026-10-08 | 0% |
| 2026-10-09 | 0% |
| 2026-10-10 | 0% |
| 2026-10-11 | 0% |
| 2026-10-12 | 0% |
| 2026-10-13 | 19.1% |
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The argument and its evidence
Several outlets can carry the same argument; no single article is its origin. Read each one in its own context.
Recent coverage
-
MarketScreener · Published 12 Oct 2026
Nasdaq ends lower as oil prices surge ahead of earnings, economic data
In coverage record: 13 Oct 2026
“Technology's weakness was most pronounced among chip stocks with the Philadelphia semiconductor index losing ground and hitting a three-week low.”
Read article -
Devdiscourse · Published 12 Oct 2026
US STOCKS-Nasdaq ends lower as oil prices surge ahead of earnings, economic data
In coverage record: 13 Oct 2026
“Technology's weakness was most pronounced among chip stocks with the Philadelphia semiconductor index losing ground and hitting a three-week low.”
Read article -
Devdiscourse · Published 12 Oct 2026
US STOCKS-Wall Street mixed as oil prices surge, investors await earnings, economic data
In coverage record: 13 Oct 2026
“Technology and consumer discretionary were the only two sectors in the red. Technology was the biggest decliner, down roughly 1% with weakness most pronounced among chip stocks.”
Read article
Earlier coverage
-
EUROPE SAYS · Published 15 Sep 2026
US Stock Futures Fall Ahead of Fed Meeting as Oil and Treasury Yields Rise: Dow Jones, S&P, Nasdaq, Wall Street
In coverage record: 16 Sep 2026
“Semiconductor shares moved lower, with the Philadelphia Semiconductor Index recording its largest daily decline since July.”
Read article -
Seeking Alpha · Published 25 Aug 2026
Marvell Q2: Google Changed The Earnings Setup
In coverage record: 26 Aug 2026
“I sold my earlier position because the macro tape turned ugly. MRVL itself still checks most of my company-specific boxes. That said, I think the macro warrants a downgrade to a hold.”
Read article -
The Globe and Mail · Published 30 Jul 2026
CIBC’s Sid Mokhtari on how to navigate the volatility and why investors should be turning to value stocks
In coverage record: 31 Jul 2026
“I don't think we have seen enough of a correction within semis. With SMH breaking below US$580, how much further downside do you see? The measured move for it would be closer to about US$480, US$460, and that that can be painful.”
Read article -
EUROPE SAYS · Published 21 Jul 2026
Equities: Geopolitics weigh on stocks - Deutsche Bank
In coverage record: 22 Jul 2026
“However, the broader tech mood was still cautious, with the NASDAQ (-0.05%) and Mag-7 (-0.07%) inching lower.”
Read article -
The Straits Times · Published 20 Jul 2026
Wall Street indexes fall, with Iran and earnings season in focus
In coverage record: 21 Jul 2026
“the heavyweight Philadelphia SE Semiconductor Index ended July 17 more than 20 per cent below its late-June record high, confirming a bear-market decline. In particular, investors will anxiously monitor results from chipmakers such as Intel and Texas Instruments for any encouraging signs”
Read article -
Benzinga · Published 20 Jul 2026
Stock Market Today: S&P 500, Dow Jones Futures Gain as Trump Says Iran is 'Very, Very Badly Damaged'- Eva
In coverage record: 21 Jul 2026
“Yardeni does not believe the sell-off has bottomed, explicitly warning that the 'S&P 500 Semiconductors stock price index is likely to fall another 12% to its 200-day moving average.' International margin calls and new competitive pressures from Chinese AI labs have rattled momentum chip names.”
Read article -
Hindustan Times · Published 8 Jul 2026
Dow drops 811 points as Trump says Iran ceasefire is over, oil prices surge
In coverage record: 9 Jul 2026
“The VanEck Semiconductor ETF gained about 0.6%. However, the semiconductor ETF was still around 12% below its recent peak, showing the sector has not fully recovered.”
Read article