✉news TechnologySemiconductors first seen 1 d ago, last 12 h ago, peak #6
US chip stocks set to lose $2 trillion in selloff
Original: US chip stocks set to wipe out $2 trillion after latest selloff
US semiconductor stocks are on course to shed roughly $2 trillion in market value following the latest selloff in the sector, according to Reuters. The decline marks a dramatic reversal for chipmakers that had driven much of the market's gains, and investors are watching closely for signs of how far the slump could go.
Why now: A massive selloff in a sector that had led market gains is shaking investor confidence.
US semiconductor stocksReuters
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