Chip Industry Downturn Wipes Out $1.3 Trillion in Market Capitalization

A steep decline in semiconductor shares has been reported. The drop has erased roughly $1.3 trillion from the sector’s total market value. The valuation loss was highlighted in a recent report by The Express Tribune. Investors saw share prices tumble across major chip makers. The slump follows broader pressures on the technology market. Analysts warn the reduced capital could curb future R&D spending. The correction may influence related supply‑chain companies. Market watchers will monitor whether the downturn stabilises in the coming weeks.