Morgan Stanley Sees Potential for Further Chip Stock Decline

Morgan Stanley says pressure on semiconductor stocks may ease in November, though the shares could fall another 10% to 15% before the sector's correction ends. The strategists characterize the correction as nearing its end and expect it to conclude around mid-November. The Philadelphia Semiconductor Index could fall to about 9,500. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost