#intel corp.

Chip stocks have had a tough year — but one looks ‘really inviting,’ fund manager says

Semiconductor stocks have been beaten down all year — thanks to waning chip demand and the easing of supply chain disruptions that hobbled the sector at the peak of the Covid pandemic. The iShares Semiconductor ETF is down around 44% year-to-date — a bloodbath even by this year’s bear market standard. But the massive sell-off in chip stocks this year is also an opportunity for bargain hunters,…