CatalystTech/AI
Intel, AMD lead semiconductor rout as SOXX drops about 10%
Intel and AMD led a semiconductor selloff as SOXX fell about 10%.
Context
What happened: The iShares Semiconductor ETF (SOXX) fell around 10% on Friday as a technology selloff intensified after Intel's (INTC) disappointing third-quarter earnings results and broad selling across semiconductor stocks.
Key numbers: SOXX down about 10%; Nasdaq Composite (COMP:IND) fell 3%.
Why it matters: Intel (INTC) and AMD led the semiconductor rout, with the decline spreading across chip stocks as the broader technology selloff deepened.
What changed
The iShares Semiconductor ETF (SOXX) fell around 10% on Friday as a technology selloff intensified after Intel's (INTC) disappointing third-quarter earnings results and broad selling across semiconductor stocks.
Why it matters
Intel (INTC) and AMD led the semiconductor rout, with the decline spreading across chip stocks as the broader technology selloff deepened.
← Dashboard
Oct 30, 2026 06:39 PM ET