AI stocks erase $13.2 trillion in market value as selloff deepens
Photo: Crypto Briefing
A post-midterm rout in chip and infrastructure names has wiped out a staggering share of the AI trade since its 2026 highs AI stocks have shed approximately $13.2 trillion in market value since their 2026 highs. That tally runs through November 7, after a brutal week that turned a slow leak into a burst pipe. The losses are concentrated in the companies that build the physical backbone of artificial intelligence: chipmakers, memory suppliers, power providers and the hyperscalers spending heavily on data centers. The trigger was not an earnings miss or a technical breakdown. It was an election.
Source: Crypto Briefing
