68
Markets5h 56m ago

Semiconductor stocks lost up to $1.3 trillion in market capitalization as investors reacted to a combination of factors, including Broadcom's softer guidance and concerns about interest rate cuts.

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Who
Marvell, Micron, Intel, AMD, Nvidia, Broadcom, investors
What
Semiconductor stocks lost up to $1.3 trillion in market capitalization as investors reacted to a combination of factors, including Broadcom's softer guidance and concerns about interest rate cuts.
When
Sat, 13 Jun 2026 17:05:00 GMT · 5h 56m ago
Where
US ·
Why
A combination of Broadcom's softer guidance for AI chip sales, a stronger-than-expected jobs report reducing the likelihood of interest rate cuts, and renewed US-Iran conflict contributed to investor skittishness.
The Frontline Impact

How this affects you

The semiconductor industry experienced its worst week since 2020, with major companies like Marvell, Micron, Intel, AMD, and Nvidia seeing significant stock declines, pushing Nvidia below the $5 trillion mark.

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