US technology stocks witnessed a massive sell-off, wiping out nearly $1.3 trillion in market value in a single trading session on June 5, 2026. The semiconductor sector faced heavy losses, with the PHLX Semiconductor Index falling 10.3%, marking its biggest one-day decline since March 2020.
Among the biggest losers, Nvidia shares dropped 6%, Micron plunged 13%, AMD fell nearly 11%, while Marvell crashed 17%. Broadcom also declined 7.9%, reflecting widespread pressure across the chipmaking industry.
The major trigger was growing investor concern over AI-related demand and whether massive investments in artificial intelligence will deliver the expected returns. Disappointing signals from Broadcom added to these concerns. Meanwhile, stronger-than-expected US jobs data raised fears that interest rates could remain higher for longer.
The sharp decline highlights how quickly investor sentiment can change when expectations around AI growth and technology valuations come under pressure.
US tech stocks mein massive selling dekhne ko mili, jisse ek hi trading session mein around $1.3 trillion ki market value wipe out ho gayi.
Semiconductor stocks sabse zyada pressure mein rahe. Nvidia ke shares 6% gire, Micron 13% down raha, AMD nearly 11% aur Marvell 17% tak decline hua. Broadcom mein bhi 7.9% ki fall dekhi gayi.
Is sell-off ka major reason AI chip demand aur future growth ko lekar rising concerns hain. Investors ko ab doubt hai ki AI companies mein ho rahe massive investments expected returns generate kar payenge ya nahi.
Meanwhile, stronger US jobs data ne interest rates longer time tak high rehne ki possibility badha di, jis se tech stocks par additional pressure aaya.
Overall, AI boom ke beech investors ab high valuations aur future growth expectations ko lekar more cautious ho rahe hain.