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

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.

The Philadelphia Semiconductor Index dropped 2% after Broadcom's AI chip revenue forecast missed Wall Street estimates by $1.2 billion despite record Q2

June 5 : U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and Advanced…

By Hannah Pedone and Britney Nguyen

Shares of technology companies slid as traders dumped high-flyers in the sector in anticipation of rising interest rates.

"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."

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.

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…

US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and…

The monster rally in semiconductor stocks hit a wall on Friday, and the VIX at last caught up with other volatility metrics.

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 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

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.

Bitcoin's correlation with semiconductor stocks dropped from 0.55 to 0.27 as momentum traders chase AI chip earnings, pushing BTC below $67,000.

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

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

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…

Micron surged 10% Monday after Friday's $1.3T chip rout. But put options on the semiconductor ETF hit an all-time high as traders hedge the AI trade's volatility.

Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear, according to Mike Khouw.