US semiconductor stocks lost $1.3 trillion in value as Broadcom's weak AI guidance and hot jobs data triggered a massive selloff, dragging crypto down $130

The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever.

Micron Technology lost $94 billion in market cap after Broadcom's AI chip guidance miss triggered a historic semiconductor sell-off on June 4, 2026.

AI chip stocks lost $1.3 trillion in value as Nvidia, AMD and Micron plunged amid Broadcom concerns and fading hopes of US rate cuts.

The PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as Elon Musk prepares a blockbuster…