Shares in the world’s most valuable electronic chip manufacturers saw their market values plummet, with combined losses of more than $1 trillion this week, as investors grow concerned about the sector’s future.
The world’s 20 electronic chip makers have lost a total of $1.3 trillion in market capitalization since markets closed last Friday, according to an analysis conducted by CNBC based on FactSet data.
rapid fluctuations
“NVIDIA” topped the selling wave. Since the market closed last Friday, market capitalization has fallen by $238 billion, with two South Korean semiconductor manufacturers, SK Hynix and Samsung Electronics, losing about $176 billion and $173 billion, respectively.
Chip industry stocks have been volatile this week as investors await the results of companies’ business operations and given growing doubts about the sustainability of big technology companies’ spending on artificial intelligence infrastructure.
Technology stocks in Asia and Europe also continued to fall today, with semiconductor stocks leading the wave of declines as US markets slumped again.
Shares of the world’s largest semiconductor manufacturers have experienced sharp declines in market value, losing a total of more than $1 trillion this week as investors grow concerned about the future of the sector.
An analysis conducted by CNBC based on FactSet data revealed that the world’s top 20 semiconductor companies have lost a total of $1.3 trillion in market capitalization since the market closed last Friday.
wild fluctuations
NVIDIA led the sell-off, losing $238 billion in market capitalization since the market closed last Friday, while two South Korean chipmakers, SK Hynix and Samsung Electronics, have lost about $176 billion and $173 billion, respectively.
Semiconductor stocks have been volatile this week as investors await company earnings amid growing questions about the sustainability of big tech companies’ spending on artificial intelligence infrastructure.
Technology stocks in Asia and Europe continued to fall today as the US market weakened again, with semiconductor companies leading the decline.
