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Reasons for the semiconductor plunge found! Don't panic.
Everyone, today the semiconductor and memory sectors collectively plunged. Simply put, it's because the earlier excessive gains led to concentrated profit-taking, plus the sentiment contagion from the Korean stock market. There's absolutely no fundamental issue.
We've already advised everyone to take profits at high levels and set stop-losses. This level of volatility is completely manageable. Don't panic-sell or bottom-fish. Wait until the sentiment stabilizes. #MU $MU