Story perspectives

Semiconductor sell-off wipes $1 trillion, Nasdaq plunges 5%

6/11/2026

Summary

Story summary

US stock markets fell sharply as a semiconductor sell-off erased $1 trillion in one session and $1.3-$1.5 trillion in two days.
The Nasdaq 100 dropped almost 5% on June 5, its worst day since April 2025, while the SOX fell 10.3%.
Broadcom reported $22.19 billion revenue, slightly below estimates, with AI chip sales up 143% YoY to $10.8 billion and shares down 12%-15%.
Nvidia, Micron, AMD, Qualcomm, Samsung and SK Hynix fell, with the Kospi sliding ~6% and the Nikkei ~4%.

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Story summary

US stock markets fell sharply as a semiconductor sell-off erased $1 trillion in one session and $1.3-$1.5 trillion in two days.
The Nasdaq 100 dropped almost 5% on June 5, its worst day since April 2025, while the SOX fell 10.3%.
Broadcom reported $22.19 billion revenue, slightly below estimates, with AI chip sales up 143% YoY to $10.8 billion and shares down 12%-15%.
Nvidia, Micron, AMD, Qualcomm, Samsung and SK Hynix fell, with the Kospi sliding ~6% and the Nikkei ~4%.