Business

Chip Sector Selloff and Boeing's China Business

Updated 2026-05-12 20:50 UTC 1 source Neutral

Chip stocks in the U.S. experienced a rare selloff, possibly due to a bearish chart pattern observed in South Korea’s market. Meanwhile, Wall Street is optimistic about potential new business from Boeing in China, which could boost its stock.

Coverage timeline — 3 articles
MarketWatch
The price squeeze that Americans are feeling has reached a level last seen three years ago.
2026-05-12 20:34 UTC
MarketWatch
Wall Street is hoping Boeing is about to announce a big order from China, cementing its turnaround.
2026-05-12 20:39 UTC
MarketWatch
A bearish chart pattern in the South Korea’s Kospi Composite Index could act as a warning for the U.S. chip sector, given that the two have moved in sync during their recent sharp run ups.
2026-05-12 20:42 UTC
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