U.S. chip makers suffered the worst day, their market value shrank by about 100 billion U.S. dollars


Major U.S. stock indexes fell sharply on Thursday, and sellers did not show much discrimination.

Chip stocks plummeted. The Philadelphia Semiconductor Index fell as much as 6.2% on Thursday, the biggest since mid-June. Thursday’s decline caused the total market value of the Philadelphia Semiconductor Index to shrink by approximately $100 billion.

Large chip manufacturers have suffered their worst loss in months. Nvidia’s stock price fell 10% at one time, the biggest intraday drop since March 18. Qualcomm and Broadcom both fell more than 5%, while Intel fell more than 3%.


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