The MSCI World Semiconductor Index fell roughly 13% in July 2026, turning routine profit-taking into a full-blown sector rout now affecting broader global equity indices. South Korea’s Kospi index suffered an 11% single-day decline driven by losses in Samsung Electronics and SK Hynix, while semiconductor funds saw record outflows of around $11 billion. Broadcom’s tempered AI-chip guidance revived concerns about the sustainability of AI spending and stretched valuations across the chip space. Some capital is rotating into crypto-related equities, though Bitcoin itself has not led the charge.
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