ChipsHacker Newsabout 3 hours ago
Chip Stocks Plunge Worst Since 1896
2 min read
Chip stocks suffered a historic crash Thursday, with the PHLX Semiconductor Index sinking 12% and the Dow Jones falling 3.4%. Nvidia alone lost about $450 billion, while chipmakers as a group gave up more than $1.5 trillion. The S&P 500 shed about $3 trillion in market value, marking the worst second session after a midterm election since 1896.
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