Buffett Urges Buying Fear as Nasdaq-100 Falls 9% and Chip Stocks Slide 20%

1 articles · Updated · Yahoo Finance · Jul 30

Nasdaq-100 losses nearing correction territory have revived Warren Buffett’s call to “be greedy when others are fearful” as a guide for investors facing the tech selloff.
More than 9% below its early-June high, the index has been dragged down by semiconductor shares, with the VanEck Semiconductor ETF dropping over 20% in about six weeks.
That slump matters because many investors piled into chip stocks during the AI boom, raising the risk of panic selling as prices retreat.
Buffett’s argument is that fear-driven exits often lock in losses and miss recoveries, while disciplined buyers can use beaten-down prices to build positions in quality companies.
His approach echoes Berkshire’s crisis-era playbook in 2008, when Buffett bought into market stress rather than retreating from it.