Skip the noise. Get the download . This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. After a month or so in the doldrums as investors rode a wave of anxiety about the AI buildout, chip stocks have hit a real purple patch again in April. In March, Nasdaq's PHLX Semiconductor Sector Index — comprising the 30 largest U.S.-traded chip companies — saw a 6.3% decrease. Last month, the narrative reversed, with the index soaring 35.2% since the