As market concerns about rising interest rates, overvaluation, and the huge cost of AI infrastructure increase, the total market value of the Philadelphia Semiconductor Index's constituent stocks is expected to evaporate more than 1 trillion US dollars. The Philadelphia Semiconductor Index fell 3.1% on Wednesday. The index has accumulated a decline of about 10% over the past six trading days, which is likely to set the record for the longest continuous decline since May 2025. Over this period, more than half of the index's constituent stocks fell by at least 10%. Arm Holdings fell nearly 20%, applied materials fell by about 15%, and Intel fell 11%. Grofond Semiconductor was the only rising constituent stock.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.