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Tech Slides Amid Rout in Semiconductor Cos — Tech Roundup
Shares of technology companies slid as traders dumped high-flyers in the sector in anticipation of rising interest rates.
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cryptobriefing.com
Philadelphia Semiconductor Index falls 2% as Broadcom's forecast weighs on chipmakers
The Philadelphia Semiconductor Index dropped 2% after Broadcom's AI chip revenue forecast missed Wall Street estimates by $1.2 billion despite record Q2
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morningstar.com
Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years
By Hannah Pedone and Britney Nguyen
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Tech Slides Amid Rout in Semiconductor Cos — Tech Roundup
Shares of technology companies slid as traders dumped high-flyers in the sector in anticipation of rising interest rates.
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fortune.com
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out | Fortune
"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."
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Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut | Fortune
Nvidia fell 6.2%, Broadcom dropped 7.9% and Micron Technology slid 13.3% for the biggest loss among stocks in the S&P 500.
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Micron, Marvell shares tumble as chip sector faces worst day in six years
The SOX semiconductor index plunged 10.3%, erasing over $1 trillion in chip stock value as Broadcom's weak AI demand outlook hammered Micron and Marvell
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PHLX Semiconductor Index plunges 10%, marking worst day in 6 years
The PHLX Semiconductor Index (SOX) fell 10.26% on June 5, its worst single-day drop since March 2020, wiping over $1 trillion in chip stock market value.
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US-traded chipmakers lose $1.3T in market value amid slump
US chipmakers lost $1.3 trillion in market value on June 5 as the semiconductor index posted its worst day since March 2020, dragging crypto markets down
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US-traded chipmakers lose $1.3T in market value as semiconductor sell-off rattles crypto markets
US chipmakers lost $1.3 trillion in market value as the PHLX Semiconductor Index fell 10.3%, dragging crypto markets down $130 billion alongside the
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economictimes.indiatimes.com
Tech stocks dive as Fed bets rattle AI rally
Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after…
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cnbc.com
Chip rebound has one trader buying protection
Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear, according to Mike Khouw.
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Tech Up as Chip Stocks Recoup Some Losses - Tech Roundup
Shares of technology companies rose as chip stocks recouped a chunk of their Friday losses.