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[The Philadelphia Semiconductor Index component stocks have evaporated approximately US$1.6 trillion in market value] October 15th, in the past six trading days, the Philadelphia Semiconductor Index has fallen by more than 10%, setting a record for the longest losing streak since May last year. It is estimated that the total market value evaporated by the index’s constituent stocks is approximately US$1.6 trillion (approximately RMB 10.76 trillion). According to the World Bank, Türkiye's GDP in 2025 will be approximately US$1.60 trillion, ranking 16th in the world. (China-Singapore Jingwei)
semiconductor chip 🕐 2026-10-15 17:27

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