Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley

Reported by MarketWatch · Published 26 Oct 2026, 5:02 PM MYT (3 hr ago)

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The chief stock-market strategist for Morgan Stanley is sticking with a forecast that the S&P 500 will end the year at 8,000, but growing caution is on display as he identified that support for the key semiconductor sector could come considerably lower.

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Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley

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