Chip stocksMarkets2026-11-01
Chip Stocks Lost More Than 15% in October After a 7.2% Friday Rout
The Philadelphia Semiconductor Index fell 7.2% on Fri 30 Oct 2026 to 10,688.8, its worst day since June, and ended October down more than 15%. Sandisk fell 13.5%, AMD 10.9%, Broadcom 5.5%, Micron 5.3% and Nvidia 4.2%; Intel fell 28.6%, its worst day since 1974, after weak fourth-quarter guidance. The Nasdaq Composite fell 2.9%, capping its worst month since March 2025, as Reuters said earnings revived worries about how much Big Tech is spending on AI.
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- Primaryhttps://www.investing.com/news/stock-market-news/october-ends-with-a-thud-for-intel-reddit-ai-stalwarts-4988666
- Alsohttps://apnews.com/article/stock-markets-ai-alphabet-oil-16c266731fdf64178f38070af2b42497
- Alsohttps://www.investing.com/indices/phlx-semiconductor-historical-data
- Alsohttps://investedalpha.com/news/intel-worst-day-28-percent-chip-stocks-sink-7-percent-nasdaq-falls-2-9-percent-worst-month-since-march-2025