# Semiconductor selloff wipes out approximately $1 trillion in intraday value

_Published Friday, October 30, 2026 at 4:35 PM EDT · Products · Latest · Tier 1 — Major_

![Intel — Primary](https://cdn.mos.cms.futurecdn.net/KiJGR8WJv72p6G8Qcysneb-1920-80.jpg)

Semiconductor stocks lost approximately $1 trillion in market capitalization on Friday, according to intraday Benzinga estimates cited by Tom's Hardware, as Intel's weak outlook triggered a broader selloff. The PHLX Semiconductor Sector Index fell 9.14% to 10,465.38 points as of 2:31 PM ET.

The decline extended beyond Intel to chip designers, equipment suppliers and server manufacturers. AMD fell 12.48%, while Nvidia declined 5.66%. Intel expects the client PC market to shrink 10% in 2027 as elevated memory prices and component shortages weigh on demand. The sector's dollar loss was an intraday estimate rather than a closing-market total.

## Sources

- [Tom's Hardware](https://www.tomshardware.com/pc-components/cpus/intels-woes-wipe-out-usd1-trillion-of-semiconductor-market-cap-in-one-day-pc-market-bloodbath-leaves-few-chip-stocks-unscathed)

---
Canonical: https://techandbusiness.org/newswire/IToYeI5WEmktyj-RA9pGVB
Published: 2026-10-30T20:35:48.991Z
Story chronology: 2026-10-30T18:31:00.000Z
Retrieved: 2026-10-30T23:10:31.753Z
Publisher: Tech & Business (techandbusiness.org)