Chip Stocks Just Had Their Second-Worst Day on Record
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The PHLX Semiconductor Index opened at 9,806.31 on Thursday, November 5, 2026, already well below its Wednesday close of 10,268.65. It kept falling until it settled at 9,011.14, a loss of 1,257.52 points, or 12.25%.
A Reuters markets columnist called it the second-biggest one-day decline on record. It was the index’s largest drop since March 16, 2020, when it fell 15.90% in the COVID crash. It w
The PHLX Semiconductor Index opened at 9,806.31 on Thursday, November 5, 2026, already well below its Wednesday close of 10,268.65. It kept falling until it settled at 9,011.14, a loss of 1,257.52 points, or 12.25%.
A Reuters markets columnist called it the second-biggest one-day decline on record. It was the index’s largest drop since March 16, 2020, when it fell 15.90% in the COVID crash. It w
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