# Chip Stocks Hit 8-Day Losing Streak Since 2008

> Semiconductor stocks drop for eight straight sessions, wiping $2 trillion market value.
- Title: Chip Stocks Hit 8-Day Losing Streak Since 2008 | Shortify
- Summary: Semiconductor stocks drop for eight straight sessions, wiping $2 trillion market value. Chip stocks have fallen for eight consecutive sessions since October…
- Keywords: semiconductor stocks, chip stocks losing streak, october 2024 market crash, ai infrastructure, intel, amd, micron, broadcom, cxmt, memory chips, 4f2 dram architecture, server memory
- Source: Startup Fortune — https://startupfortune.com/chip-stocks-post-worst-losing-streak-since-the-2008-financial-crisis
- Published: 2026-10-18T14:11:46+00:00
- Read time: 1 min
- Topics: semiconductor stocks, chip stocks losing streak, october 2024 market crash, ai infrastructure, intel, amd, micron, broadcom, cxmt, memory chips, 4f2 dram architecture, server memory
## Semiconductor Stocks Fall for Eight Sessions
Semiconductor stocks have fallen for eight straight sessions through October 17, wiping out roughly $2 trillion in market value.
## Philadelphia Semiconductor Index Skids
The Philadelphia Semiconductor Index just notched its longest skid in eighteen years.
## Key Chip Stocks Drop
AMD fell 5.95%, Intel dropped 5.79%, Micron slid 5.63% and Broadcom lost 4.52% on the session.
## Equipment Makers Also Decline
Equipment makers KLA, Lam Research and Applied Materials all fell between 4.8% and 5%.
## SOX Loses 12% in Seven Sessions
According to data cited by Capital.com and Stocktwits, the SOX has shed more than 12% over the past seven sessions.
## China's Memory Chip Progress
CXMT, a Chinese memory maker based in Hefei, outlined a new 4F² DRAM architecture at an industry conference.
## CXMT's 4F² Architecture
The design shrinks the footprint of each memory cell compared with the 6F² architecture, raising cell density by 30% to 50%.
## CXMT's Timeline for 4F²
CXMT says it plans to ship next-generation DDR5 server memory using the technology by the end of 2026.
## Impact on Chip Stocks
Micron and SK Hynix stocks slipped on the news, per Stocktwits, as memory pricing faces pressure.
## Key takeaway

Chip stocks have fallen for eight consecutive sessions since October 17, matching the worst losing streak since the 2008 financial crisis.