Why AMD, Qualcomm, and Skyworks Stocks Just Crashed
It's Thursday, and semiconductor stocks are in a funk. As of 1:45 p.m. ET, shares of Advanced Micro Devices (NASDAQ: AMD) have already lost 5.3%, Qualcomm (NASDAQ: QCOM) is down 5.8%, and Skyworks Solutions (NASDAQ: SWKS) is taking it particularly hard on the chin -- down 7.5%.
I blame Apple (NASDAQ: AAPL) for all of the above.
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Source Fool.com