Semiconductor Stocks Plunge Following Midterm Elections as AI Spending Concerns Mount
Yahoo Finance ·
Semiconductor equities experienced a brutal selloff on Thursday, sending the PHLX Semiconductor Index tumbling 12.25% to 9,011.14 in its steepest single-day percentage drop since March 2020. The downturn was triggered by investor reassessments of the artificial intelligence boom after midterm election results pointed to increased political scrutiny. Advanced Micro Devices slumped 17.3%, and Nvidia slid 9.3%, pushing the AI giant down 2.6% for 2026. Memory and equipment makers suffered heavily, with Micron Technology dropping 17.46% to $656.39 and Lam Research falling 16.36% to $185.20. Qualcomm declined 9.5% on disappointing smartphone chip sales, while Arm Holdings retreated about 13%. Major exchange-traded funds SOXX and SMH dropped 12.15% and 11.21% respectively. Market analysts pointed to growing anxieties over potential slowdowns in AI data center construction and heightened regulatory pressures following the Democratic victories.
AI 시장 분석
On Thursday in the US stock market, the PHLX Semiconductor Index plummeted by 12.25%, recording its largest daily drop since March 2020. Major semiconductor stocks such as AMD and NVDA plunged due to concerns over AI infrastructure investment following the midterm election results and potential delays in data center construction. Investors are harboring doubts about profitability relative to AI spending, causing a broad correction across the semiconductor sector.
하락 영향
- Semiconductors — The PHLX Semiconductor Index plummeted 12.25%, with major stocks like NVDA (-9.3%), AMD (-17.3%), and Micron (-17.46%) plunging, taking a direct hit from concerns over delayed AI data center construction.
- AI — Related growth stocks recorded sharp declines due to a reassessment of the AI spending boom following the midterms and delays in data center construction (30% of projected 2028 capacity at risk).
DYAX 전담 분석
The plunge in the semiconductor sector occurred as concerns over delayed AI data center construction overlapped with missed earnings expectations. UBS warned that about 30% of US data center capacity could be at risk by 2028, and core stocks such as NVDA (-9.3%), AMD (-17.3%), and Micron (-17.46%) took heavy hits.
Whether the profitability of future AI investments is actually proven will be a key indicator. While a rebound is possible upon deregulation and the resumption of data center construction, additional regulations or a slowdown in demand could lead to a prolonged correction.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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