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What’s Behind the Selloff in Chip Stocks?
The Wall Street Journal8d agobearish
What’s Behind the Selloff in Chip Stocks?

Asian chip stocks sold off today, pushing South Korea’s Kospi index 10% lower and Japan’s Nikkei 4% in the red. That followed a tough session for U.S. chipmakers that looks set to extend to today, with Intel, Micron and others sliding premarket.

Intel's $90 Billion Wipeout Sparks 20% Crash In These ETFs
Benzinga11d agobearish
Intel's $90 Billion Wipeout Sparks 20% Crash In These ETFs

Intel Corp. (NASDAQ:INTC) delivered another painful reminder, after Tesla Inc.’s (NASDAQ:TSLA) rout, of the risks of leveraged single-stock ETFs. A dramatic post-earnings reversal erased nearly $90 billion in market value in less than 24 hours. The reversal comes amid elevated volatility across semiconductor stocks, with investors reassessing AI-related valuations and earnings expectations. For ETF investors, Intel’s swift boom-to-bust move underscores the trade-off between the return potential