Chips shares took a beating last year.A halfhearted rebound in the final months staved off the second-worst annual performance on record.But even a huge reduction in earnings expectations doesn't change the fact that the sector is now trading around historic lows, leaving investors trying to figure out whether to wade back in.The 30-member Philadelphia Semiconductor Index (SOX) dropped 36% in 2022, the biggest decline since 2008.
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