The semiconductor sector, as measured by the SOXX ETF, fell sharply following disappointing earnings reports from tech giant Alphabet and a cautious outlook from major chipmaker Samsung. [6, 16, 21] Negative company-specific news further pressured the sector, including a significant drop in Marvell Technology's stock on acquisition talks and a setback for Intel's foundry ambitions. [4, 12] This weakness is widespread across the chip industry and is part of a broader tech sell-off.