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Chip and AI stocks drop 4.6%-12.5% after Chinese firm announces memory tech progress

Market News
14 Oct 2026
Seeking Alpha
View Source
Bearish
Chip and AI stocks drop 4.6%-12.5% after Chinese firm announces memory tech progress

Chip and AI stocks fell sharply between 4.6% and 12.5% over five days following a report from Chinese company ChangXin Memory Technologies about progress in memory cell architecture research. This news triggered a selloff across tech stocks, including SpaceX, Nvidia, and Broadcom. The decline highlights the market's sensitivity to semiconductor developments, which are crucial for tech sector performance. Investors are watching closely for further impacts on chip and AI-related stocks.

Following the recent selloff in chip and AI stocks triggered by Chinese semiconductor advancements, Nvidia and Broadcom show mixed responses on Pluang as of Oct 14, 2026 17:11 WIB. Nvidia's price stands at USD 228.85 with a slight 1-day gain of 0.14%, while Broadcom trades at USD 356.36, down 0.27% for the day. Investor activity on Pluang leans more bullish for Nvidia with 75% buy orders, contrasting with Broadcom's 55% sell orders, reflecting varied sentiment in the tech sector.

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