Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem

What happened: Chip stocks are facing a "crisis of confidence" as investors worry about whether demand for chips will be sustained, though one analyst notes large tech companies are still spending heavily. Why it matters: The analyst's view suggests the demand concerns may be overstated, since major tech companies continue to spend heavily on chips.

Chip stocks are facing a "crisis of confidence" as investors worry about whether demand for chips will be sustained, though one analyst notes large tech companies are still spending heavily.

The analyst's view suggests the demand concerns may be overstated, since major tech companies continue to spend heavily on chips.