Big Tech Outperforms Amid Chip Stock Decline

The Magnificent Seven tech companies have outperformed the struggling semiconductor sector, with their ETF up 8% since late June while the PHLX Semiconductor Index fell by 12%. Apple and Nvidia are standout performers within Big Tech.

By Jared Blikre Wed, July 8, 2026 at 1:00 PM GMT+3 2 min read · Yahoo Finance ·

Big Tech Outperforms Amid Chip Stock Decline

Tickers: $AAPL $NVDA

Topics: Big Tech Magnificent Seven semiconductors stock performance

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