Chip stocks shed more than $1 trillion as selloff hits companies powering AI boom
Reported by CNBC · cnbc.com · July 29, 2026
Nvidia, SK Hynix and Samsung Electronics have led the selloff since market close on Friday.
What the tape says
What to watch: This report cites a concrete figure ($1 trillion) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $NVDA -2.91%
Tone and severity are deterministic keyword classification — not a prediction, a member vote, or a recommendation. Figures are extracted from the headline as published. Wook does not republish CNBC's reporting.
Your read
Discussion
No one has weighed in yet. Start the discussion on this story.
Headline and link are attributed to CNBC. Wook of Wall Street is an independent research tool and is not affiliated with CNBC. Nothing here is financial advice or a recommendation — research and educational content only.