US chip stocks slump as Intel falls 30% and Nvidia loses $5tn market value

The story so far: US semiconductor stocks slump

US chip stocks fell on Oct 30, with Intel down 24.2% premarket and AMD down 6.6%. The Philadelphia Semiconductor Index dropped 6%, then 7%, and the selloff deepened with Intel down 30% and Nvidia's market value falling below $5tn.

1. 30 Oct 202608:03 UTC

   Chip stocks fall in US premarket trading, with Intel down 24.2%

   US chip stocks fell in premarket trading, with Intel down 24.2%, Arm down 7.9%, AMD down 6.6%, Marvell down 4.9% and Applied Materials down 4.8%, among others.

   MacroChainCatcherAINeutral

2. 30 Oct 202613:30 UTC

   AMD shares fall 10.14% in intraday trading to $509.19

   AMD stock dropped 10.14% during the session and was trading at $509.19, according to Binance market data.

   MacroPANewsAIBearish

3. 30 Oct 202613:32 UTC

   US semiconductor stocks slump as Philadelphia index falls 5.67%

   The Philadelphia Semiconductor Index fell 5.67%, with Intel down over 26%, AMD over 10%, SanDisk 8.38%, SK Hynix 6.93%, Micron 5%, Nvidia 2.51% and TSMC 3.69%. The triple-leveraged SOXL ETF dropped more than 20%.

   MacroOdailyAINeutral

4. 30 Oct 202613:50 UTC

   Philadelphia Semiconductor Index falls 6% as chip shares slide

   The Philadelphia Semiconductor Index dropped 6%, with Intel down 29.6%, ARM 10.18%, AMD 9.48%, Broadcom 5.04%, Micron 4.46%, TSMC 3.83% and Nvidia 3.24%.

   MacroPANewsAINeutral

5. 30 Oct 202613:51 UTC

   Intel results drag chip stocks lower as AI trade worries return

   Intel's weak results and outlook, alongside Amazon's miss, renewed doubts over AI investment and hit semiconductor shares. Intel fell nearly 30%, AMD about 10% and Micron 5.5%, with Applied Materials and Lam Research also down.

   AIOdailyAINeutral

6. 30 Oct 202615:37 UTC

   Philadelphia semiconductor index falls 7% as chip stocks slump

   US chip stocks fell sharply, with the Philadelphia Semiconductor Index down 7%. Intel dropped 28.33%, Qualcomm 11.30%, ARM 10.70%, AMD 9.64%, Micron 5.01%, Broadcom 5.36%, Nvidia 3.56% and TSMC 5.33%, while the triple-leveraged SOXL ETF fell more than 24%.

   MacroOdailyAINeutral

7. 30 Oct 202615:38 UTC

   US chip stocks slump as Intel falls 30% and Nvidia loses $5tn market value

   US semiconductor stocks sold off on 30 October, with Intel down 30% after fourth-quarter guidance below expectations and Nvidia down 3.3%, taking its market value below $5tn. The Philadelphia Semiconductor Index fell 5.7%, AMD about 10% and Arm 9.5%, while the Nasdaq 100 dropped as much as 3%.

   MacroChainCatcherAINeutral