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2026-06-07

PHLX Semiconductor Index plunges 10%, marking worst day in 6 years - Crypto Briefing

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cryptobriefing.com 2026-06-07 Crypto Briefing

PHLX Semiconductor Index plunges 10%, marking worst day in 6 years Chip stocks shed over $1 trillion in market value as AI-fueled rally meets gravity, dragging the Nasdaq and S&P 500 down with it.

Semiconductor Index PHLX Semiconductor Index Chip Stocks AI Frenzy Broadcom Earnings Rising Treasury Yields Nasdaq Composite S&P 500