The reaction to SK Hynix's (SKHY) capex guidance on Wednesday only highlights the stunning summer rout in semiconductor stocks. Quick insight: The SK Hynix rout will unlikely do anything to reawaken animal spirits in the chips space. The SOX has declined 18.9% so far in July, and is on track for its largest monthly loss since 2008. The stock looks to be on a collision course to test its 200-day moving average around $832, per Yahoo Finance AlphaSpace data. Click here for in-depth analysis of the latest stock market news and events moving stock pricesRead the latest financial and business news from Yahoo Finance