The term "chip stocks" refers to companies that design, manufacture and sell semiconductors or integrated circuits. These are also known as microchips or microprocessors and are used in a wide range of electronic devices such as computers, smartphones, tablets, and other gadgets. Chip stocks include both the large players like Intel, Samsung Electronics, Texas Instruments, among others, as well as smaller companies that specialize in specific technologies or applications. The performance of chip stocks is often seen as an indicator of the overall health of the technology sector and can provide insights into broader economic trends.