US chipmakers lost $1.3 trillion in market value as the PHLX Semiconductor Index dropped 10.3%, its worst day since March 2020, dragging global markets

Key U.S. tech stocks slumped in premarket trading after a massive selloff in AI and tech stocks in Asia.

US chipmakers lost $1.3 trillion in market value as the PHLX Semiconductor Index dropped 10.3%, its worst day since March 2020, dragging global markets

June 23 : U.S. chip stocks stumbled on Tuesday, but the broader market's initial slump brought out bargain-hunting investors, stemming the falloff in other companies central to…

Chip stocks plunged on Tuesday, one day after the Philadelphia semiconductor index, known as SOX, hit a record high.

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as…

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain…

Wall Street fell as chip stocks slid, Fed signals stayed hawkish, bitcoin weakened and Iran talks advanced.