Author Topic: Tech and chip makers lose $1 trillion in massive AI sell-off  (Read 42 times)

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https://mashable.com/tech/tech-chip-makers-stocks-lose-trillion-sell-off

by Matt Binder
July 30, 2026

The 20 most valuable chip stocks have lost $1.3 trillion over the past week after a big sell-off, according to analysis by CNBC.

According to the outlet's data, Nvidia led in losses after investors liquidated $238 billion since the market closed on Friday. There's perhaps no bigger sign that investors are getting cold feet when it comes to artificial intelligence, as Nvidia has benefited more than any other company from the AI boom.

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Offline Hoodat

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There's perhaps no bigger sign that investors are getting cold feet when it comes to artificial intelligence, as Nvidia has benefited more than any other company from the AI boom.

Nvidia stock is up over 12% in the past 12 months.  Revenue for the last quarter topped $80 billion which is almost double from a year ago.  Their chips are clearly in demand even if investors choose not to buy their stock.  But I'm definitely not selling.  AI isn't going away.  Neither are Big Brother data centers.
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