AI Chip Stocks Lost 12% in Two Days as Investors Hunted New Winners

AI chip stocks lost 12% in two days as investors hunted new winners

The trade that defined the first half of 2026, buying anything with proximity to a GPU, broke apart in the holiday-shortened week before Independence Day. The PHLX Semiconductor Index, which had surged more than 80% in the first half, sank 6.3% on Wednesday and 5.4% on Thursday, a two-session decline of roughly 12%. While chip stocks […] This story continues at The Next Web

Dow hits another high but chip names slip as markets eye Fed minutes

NEW YORK, July 3, 2026, 11:03 (EDT) U.S. cash equity markets will be closed Friday for the Independence Day holiday. NYSE and Nasdaq both show July 3, 2026, as a market holiday. (New York Stock Exchange) The Dow finished at a new high of 52,900.07 on Thursday. The S&P 500 ended little changed, while the…

AI Chip Stocks Selloff: Buy the Dip or the Top of the AI Trade?

AI chip stocks just had one of their ugliest sessions in months, erasing tens of billions of dollars in value in hours. It leaves investors with one urgent question: buy the dip, or brace for the first real crack in the AI trade? In our view, this looks far more like a correction than a collapse once you separate what actually broke from what simply got repriced. What Actually Triggered the AI Chip Sell-Off There was no single disaster behind th…

Nasdaq Drops 0.8% for Second Straight Session as AI Chip Stocks Suffer Worst Two-Day July Selloff in Months

The Nasdaq Composite fell as semiconductor stocks faced a steep selloff, driven by valuation concerns and AI growth reassessment, while the Dow reached record highs amid sector rotation.