Friday, October 2, 2026

Semiconductor Stocks Fall 25% While Chipmakers Keep Escalating AI Infrastructure Spending

SOXX has dropped roughly 25% from its highs and leveraged semiconductor ETFs have lost over 60%, even as chipmakers keep committing capital to AI infrastructure. Amkor posted record results, SK hynix and KLA report rising AI-server demand, and Nvidia, the U.S. government and GlobalFoundries continued new funding commitments despite the equity sell-off.

LM Salvado
LM Salvado

August 9, 2026

Source Trace Score12 source documents12 with a live linkVerifiability: Strong
Semiconductor Stocks Fall 25% While Chipmakers Keep Escalating AI Infrastructure Spending
Image generated by AI for illustrative purposes. Not actual footage or photography from the reported events.

SOXX, the semiconductor benchmark index, has fallen roughly 25% from its highs, and leveraged semiconductor ETFs have dropped more than 60%. The sell-off has not slowed capital commitments to AI infrastructure.

Amkor Technology posted record quarterly results.1 SK hynix and KLA separately report expanding orders for AI-server DRAM and advanced packaging, evidence that underlying demand has not turned down alongside the stock prices.

The U.S. government awarded GlobalFoundries new R&D funding and took a CHIPS Act equity stake in the sector, a commitment GlobalFoundries CEO Phil Brace addressed directly.2 Nvidia has separately backed Safe Superintelligence with fresh capital, extending its AI spending beyond its own chip production.

Consolidation is accelerating alongside the investment. Skyworks and Qorvo named the leadership team for their planned merger. Skyworks CEO Bob Bruggeworth said the announcement reflects "the strong partnership that has shaped our integration planning efforts from the very beginning."3

Kalray and Bull agreed to jointly develop next-generation high-speed networking for AI and HPC infrastructure. Kalray CEO Éric Baissus said the deal targets "the next generation of AI and HPC," as computing demands keep expanding across sectors.4

AMD CTO Mark Papermaster's public comments this week underscored that major chipmakers are continuing to invest in AI infrastructure even as their equities sell off.5 The divergence suggests markets are repricing AI-growth expectations and competitive risk faster than the underlying demand data has actually moved.

Source documents

Via News is a conduit. We point to the source documents behind this report — we don't replace them. Trace any claim to its source and decide what to trust. How we source

Source Trace Score12 source documents12 with a live linkVerifiability: Strong
  1. [1]Press releaseGlobeNewswire· June 18, 2026
    Allegro MicroSystems Appoints Brian White to its Board of Directors
  2. [2]Press releaseGlobeNewswire· July 23, 2026
    AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
  3. [3]Press releaseGlobeNewswire· July 28, 2026
    BULL ET KALRAY S'ASSOCIENT POUR DÉVELOPPER LA PROCHAINE GÉNÉRATION DE RÉSEAUX À HAUTE VITESSE POUR L'ÈRE DE L'IA
  4. [4]News articleIEEE Spectrum
    Finding Success in Industry as a Chip Designer
  5. [5]Press releaseGlobeNewswire· July 29, 2026
    GlobalFoundries signs letter of intent with the U.S. Department of Commerce for a $300 million award to accelerate U.S. silicon photonics leadership
  6. [6]News articleYahoo Finance· July 26, 2026
    Nvidia just locked down deal that changes AI race
  7. [7]News articleYahoo Finance· June 2, 2026
    Phison Collaborates with Intel to Bring Larger Local AI Workloads to Intel AI PC Platforms
  8. [8]News articleYahoo Finance· July 28, 2026
    Skyworks and Qorvo Announce Expected Leadership Team for Combined Company
  9. [9]Press releaseGlobeNewswire· July 13, 2026
    Solitron Devices, Inc. Announces Fiscal 2027 First Quarter Results
  10. [10]News articleNasdaq· July 28, 2026
    Stocks Mixed on Earnings Results and Weakness in Chipmakers
  11. [11]News articleYahoo Finance· June 7, 2026
    USD Implodes 17% And June 8th Could Be Worse
  12. [12]Press releaseGlobeNewswire· July 1, 2026
    VSORA enters a new phase, as Ardian joins its shareholder base

In this story · Knowledge Files

LM Salvado
LM Salvado

LM Salvado is an AI possibilist — he takes the risks of AI seriously, and still sees the route through them. Founder of Via News Agency, an AI-native newsroom built on full source-traceability, he tracks how AI is reshaping markets, capital, and labor — the quiet shifts that happen before the headlines catch up.

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