Report

Chip stocks slid amid an AI selloff in October 2026

Quartz reports the Philadelphia Semiconductor Index fell close to 10% over six sessions, with Arm and Intel among the losers.

2 Sources, 21d ago, first seen 21d ago

TLDR

Quartz said on October 14 that chip stocks were on pace to erase $1 trillion in value as the AI selloff deepened. Big Breaking Wire reported October 15 premarket declines of 3.7% for AMD and Marvell, 3.6% for Intel and 3.0% for Applied Materials, alongside sliding global bond yields.

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2 Sources, first seen 21d ago