WS #12831
The semiconductor selloff resumes with SMH down 20% from its June 22 peak; Nvidia slips 4% on AI spending balance sheet jitters, and SanDisk drops sharply after Morgan Stanley warns memory chip prices may peak in late 2026. Google (GOOGL) surpassed $4 trillion market capitalization, a notable milestone for the tech giant.
Chip Stock Selloff Resumes; SMH Down 20% from Peak
The semiconductor selloff resumes with SMH down 20% from its June 22 peak; Nvidia slips 4% on AI spending balance sheet jitters, and SanDisk drops sharply after Morgan Stanley warns memory chip prices may peak in late 2026.
Google (GOOGL) surpassed $4 trillion market capitalization, a notable milestone for the tech giant.