EL7.AI
StocksMedium•5 November 2026•
1 min read

Chip Stocks Hit Worst Day Since 2020 as 28 of 30 Enter Bear Market

Key Facts

1Semiconductor stocks recorded their worst daily performance since March 2020.
228 out of the 30 largest stocks in the iShares Semiconductor ETF are now trading at least 20% below their record highs.

Semiconductor stocks recorded their worst daily performance since March 2020, according to Benzinga. 28 out of the 30 largest stocks in the iShares Semiconductor ETF (SOXX) have entered bear market territory, trading at least 20% below their record highs.

The SOXX ETF closed at $131.9 on November 5, 2026, amid a continued sector-wide rout affecting major chipmakers including NVIDIA, AMD, and Intel. The decline follows a massive wipeout of market value across the industry's leading firms.

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