Chip stocks fell hard for the second straight trading session on Thursday, led by declines for memory-chip makers such as SK Hynix.

Micron shares fell 6% after SK Hynix posted a profit forecast 8% below consensus, triggering a record 15% plunge in SK Hynix and broad semiconductor

Chip stocks sold off on Monday despite an upbeat report from Taiwan Semiconductor Manufacturing. Arm and other stocks broke support.

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.

The Dow, S&P 500, and Nasdaq posted gains in the final trading hour on July 13 despite a semiconductor selloff triggered by SK Hynix's sharp decline.

SK Hynix and Samsung plunged 12% as Asia's semiconductor selloff triggered a KOSPI circuit breaker. Bitcoin showed resilience amid the AI stock carnage.

Chip stocks fell hard for the second straight trading session on Thursday, led by declines for memory-chip makers such as SK Hynix.

Semiconductor stocks have lost $1.5 trillion since late June as AI enthusiasm fades. Memory chips are in bear market territory, and crypto capital flows may

US semiconductor stocks lost over $1 trillion in market value as Nvidia, Micron, and Broadcom led a sharp selloff. Bitcoin held steady amid the turmoil.

The PHLX Semiconductor Index fell nearly 20%, erasing $1.5 trillion in value. Analysts watch Bitcoin ETF inflows for signs of capital rotation into crypto.