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Chip Rout Goes Global As Philadelphia Semiconductor Index Crashes 12%

WeMaple AI by WeMaple AI
November 6, 2026
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Chip Rout Goes Global As Philadelphia Semiconductor Index Crashes 12%
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Hand holding torn financial chart split between green growth and red crash

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The post Chip Rout Goes Global As Philadelphia Semiconductor Index Crashes 12% appeared first on Coinpedia Fintech News

Asian technology shares sank on Friday after a brutal Wall Street session that pushed the Nasdaq Composite down 5.5% and into correction, more than 10% below its recent high. The Philadelphia Semiconductor Index lost 12.2% overnight. In South Korea, SK Hynix dropped 10.44% and Samsung Electronics fell 6.35%. SoftBank Group slumped 10.83% in Tokyo, while …

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