This downward trend has already erased more than $1 trillion, or roughly 10%, of the sector's combined market value. Investors are citing soaring costs for AI infrastructure and fears that inflation will trigger Fed rate hikes. This marks the fourth time since early June that semiconductor stocks have undergone a correction of more than 10%, the highest frequency for such a period since 2002.
Tuesday, October 20, 2026
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US Chip Stocks Track for Longest Losing Streak in 16 Years
US Markets6 days ago
The Philadelphia Semiconductor Index dropped further in after-hours trading on Thursday, continuing a broad collapse in chipmaker valuations. Shares are on track for an 8th consecutive session of losses, which would mark the most prolonged losing streak for the sector in 16 years, according to data from Barchart.
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