Chip Stocks Face Major Challenge In The Fed's Rate Hike Era

Yesterday, in the immediate aftermath of Kevin Warsh's unexpectedly hawkish first FOMC meeting and which sent rate hike odds surging, we said that "All that debt-funded capex about to get more expensive."

All that debt-funded capex about to get more expensive

— zerohedge (@zerohedge) June 17, 2026