Markets · August 8, 2026
Chip Stocks Slide as AI Spending Doubts Catch Up With Nvidia, AMD and Micron
Weeks of selling have erased more than $1 trillion from the biggest chip makers, and the main U.S. semiconductor index sits over 20% below its June peak. Record results are no longer enough to reassure investors, who are rethinking how quickly the AI building boom will turn into profit.