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Chip selloff erases over $1 trillion in stock market value

By Reuters June 05, 2026 Bearish
Chip selloff erases over $1 trillion in stock market value
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters ​including Nvidia , Micron Technology and Advanced Micro Devices , as ‌Broadcom's weak report earlier this week reverberated across Wall Street.
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters ​including Nvidia , Micron Technology and Advanced Micro Devices , as ‌Broadcom's weak report earlier this week reverberated across Wall Street.