The Chips Crashed. The Market Didn’t. — AI Chip Selloff and Sector Rotation (Week of July 17, 2026)
The AI chip selloff hit semis hard — Intel down 13.5%, Micron 13.3%, AMD 11.1% — yet 8 of 11 S&P 500 sectors closed green and Apple hit a record. Here’s how to read a sector rotation instead of shorting the headline.
