Retail is buying the dip in chip stocks while Robinhood gets burned on the crypto side. The semis bid shows retail still has appetite for duration, but crypto weakness hits $HOOD where revenue mix is

What happened: Retail traders bought the dip in chip stocks despite market volatility, according to Robinhood's CFO, while Robinhood itself was hurt by the crypto market. Why it matters: The CFO said volatility did not scare traders away from chip stocks they had researched, suggesting retail buying held up even as the crypto market weighed on Robinhood. Coverage: 4 outlets in 24h

Retail traders bought the dip in chip stocks despite market volatility, according to Robinhood's CFO, while Robinhood itself was hurt by the crypto market.

The CFO said volatility did not scare traders away from chip stocks they had researched, suggesting retail buying held up even as the crypto market weighed on Robinhood.