Welcome to Closing Bell. I'm Scott Wobner on this Friday live from Post 9 here at the New York Stock Exchange.

And this make-a-break hour begins with the chip wreck. The semis are sliding,

invidious staging a stunning inter-day reversal and all of it raising new questions about whether one of the best

trades in the market simply got too frothy we're going to ask our experts

over this final stretch including the Wharton Schools Jeremy Seagull he will join

us momentarily to weigh in on that and the rally at large.

In the meantime, your scorecard with 60 minutes to go in regulation of this week looks like this.

Nasdak is clearly the pain point today, as several of the mega cap names face more selling

pressure the NASDAQ 100 has been off by more than 1% for much of the day

even as Apple and Alphabet have been bucking the trend and that is a rarity as you know take a look at the

semi index it is getting smoked at this hour off more than well just about 3%

that is the SMH the socks is down big.

Names like Beyond Invidia are facing some serious selling pressure.

Broadcom is down sharply after its earnings.

Marvell is one of the worst names in the space today, And that's after its own quarterly earnings report.

A. M. D. K. L. A. C.

You get my drift.

They're all lower.

And it does take us to our talk of the tape.

Bubble Trouble and whether the one soaring semis are now in danger of an even bigger

pullback. Let's ask Star Chip analyst Stacy Raskin of Bernstein, he does join us

now. It's good to have you back. It is stunning to watch what's taking place today in this

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