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Intel, HP down. Who’s the next dollar casualty?

A board shows U.S. dollar exchange rates in Rio de Janeiro.
Sergio Moraes | Reuters

Many investors see big exporting industrials like Caterpillar or Ford as having the most to lose as the U.S. dollar surges, making their products more expensive to European buyers.

But history shows there's a group of stocks just as vulnerable to a surging greenback: technology.