this post was submitted on 31 Oct 2026
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Intel’s woes wipe out $1 trillion of semiconductor market cap in one day — PC market bloodbath leaves few chip stocks unscathed: $1 trillion in semiconductor market capitalization wiped out. (www.tomshardware.com)
submitted 1 day ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] megopie@lemmy.blahaj.zone 8 points 1 day ago

New information has come to light that makes them believe that the growth they expected would occur in the future will be smaller than they previously thought. So they haven’t lost any money, except for the people who were betting on the potential future growth being higher.