Chip stocks shed nearly $1T in 6-day selloff on AI spending payoff fears
rohanpaul_ai · x · 2026-10-15
Investors sold chip company shares for six straight trading days, cutting their combined value by about 10% — close to $1 trillion — as fears grow that AI spending may not pay off as fast as hoped, per Bloomberg.
The Philadelphia Semiconductor Index (SOX) fell another 3.1% on Wednesday, on track for its longest losing streak since May 2025.
Related event: Chip Stocks Lose Nearly $1 Trillion in Six-Day Slump(2 posts)→
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