CHIP STOCKS FALL EIGHTH STRAIGHT SESSION

The Philadelphia Semiconductor Index dropped 3.8% on Friday, its eighth consecutive losing session, as doubts over AI spending and rising bond yields hit chipmakers hardest. The Dow Jones Industrial Average, by contrast, slipped less than 0.4% the same day, showing how concentrated the damage is in semiconductors rather than the broader market. Investors tracking the sector through $SOXX are watching whether the losing streak extends into next week.