15 Oct 2026 09:54PM (Updated: 15 Oct 2026 10:02PM)
Oct 15 : US semiconductor stocks were set to lose $2 trillion in market value on Thursday in the steep selloff since last week, driven by rising bets of an interest-rate hike and concerns over the cost of the AI buildout.
The Philadelphia SE Semiconductor index was last down 3.3 per cent, adding to a $1.64 trillion wipeout over the past six sessions.
Source: Reuters
