How much did the sector lose?

Approximately $200 billion in market capitalization.

Were other companies besides Micron and Intel affected?

Yes, the decline also included AMD and Marvell Technology (MRVL).

Is this selloff unprecedented?

No, the sector has seen similar selloffs before, but the current loss of $200 billion is relatively large.

Chip Stocks Tumble: Micron, Intel Lead $200 Billion Sector Rout

Chip stocks, led by Micron (MU) and Intel (INTC), experienced a sharp selloff on Monday, erasing approximately $200 billion from the sector's market capitalization.

June 29, 2026

2 min read

Source: GuruFocus.com

Key Numbers

selloff value

$200B

Chip stocks, led by Micron (MU) and Intel (INTC), experienced a sharp selloff on Monday, erasing approximately $200 billion from the sector's market capitalization. The move follows a series of concerning statements about chip demand.

Possible Causes

No specific catalyst was mentioned in the report, but the broad decline suggests concerns about slowing demand for semiconductors, particularly in personal computing and data centers. Geopolitical tensions and their impact on supply chains may also be contributing factors.

Context

This loss comes after a period of relatively weak performance for the chip sector compared to the broader market. Stocks such as AMD and Marvell Technology (MRVL) also participated in the decline, reflecting a sector-wide trend.

Similar Moves in the Sector

This is not the first time the sector has seen intense selling; a similar wave occurred earlier this year due to oversupply fears. However, the current loss of $200 billion makes it one of the largest in recent months.

Frequently Asked Questions

No specific catalyst was identified, but the decline reflects concerns about slowing semiconductor demand and geopolitical tensions.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.