How much semiconductor market value was wiped out in the July 2026 selloff?
Roughly $1.3 trillion in semiconductor market value was erased in early July 2026, according to a Reuters estimate cited by Forbes. The Philadelphia Semiconductor Index fell 10.8%, the VanEck Semiconductor Index dropped 13% over ten sessions, and Intel shares fell more than 20% as AI infrastructure spending came into question.
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The AI Chip Rally Just Lost $1.3 Trillion in a WeekSemiconductor stocks erased roughly $1.3 trillion in July 2026 as Intel fell 21% and a Meta cloud-capacity report shook AI infrastructure bulls.
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