Semiconductor Top Signal — SMH, NVDA, Micron, Intel Crash Targets 2026

By Gareth Soloway of In the Money Stocks

President & Chief Market Strategist at IntheMoneyStocks • May 18, 2026 at 1:57 PM EDT

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Semiconductors (SMH) hit a major topping signal as a historical 240% bull-run pattern repeats. A 40-47% drawdown looms for Nvidia (NVDA), Micron (MU), and Intel (INTC) as the sector's third hurrah cycle nears exhaustion.