Chip Stocks Just Bled for Eight Straight Days — and $1 Trillion Went With Them
More than $1 trillion was wiped from AI and chip stocks as the SOX fell for eight straight sessions, its worst run since 2008, and CoreWeave's bonds buckled.
More than $1 trillion was wiped from AI and chip stocks as the SOX fell for eight straight sessions, its worst run since 2008, and CoreWeave's bonds buckled.
// Leaderboard · last 30 days
The biggest money moves we covered this month, ranked by the number in the headline.
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Jio Platforms priced India's biggest-ever IPO at up to $3.2B and a ~$108B valuation, with most proceeds going to pay down debt.
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Bending Spoons is buying Airtable for $1.285 billion in all cash — about 89% below the productivity startup's $11.7B pandemic-era peak, and its first deal since going public.
Teva's WELTRUZA, the first once-monthly subcutaneous olanzapine shot, won FDA approval with zero post-injection syndrome cases in trials.
Quantum startup Oratomic raised $775M at a ~$5.4B valuation seven months after launch, with no product and no business model yet.
TSMC posted a record $23.6bn quarterly profit, up 69% and above forecasts, hours after an 8% crash in Korean chip stocks.
ASML posted €4.96bn Q3 profit vs ~€4.1bn expected, guided Q4 sales to €14.2–15.2bn and warned supply won't meet demand in 2027–28.
Apple unveiled HomeView, a $299 7-inch smart home display that recognises up to six faces, plus a new Apple TV 4K and HomePod mini 2.
Meta released Muse Wonder and Muse Wonder Full, its first frontier AI models, with API pricing of $4/$20 per million tokens.
Microsoft's third-gen Maia 300 AI chip claims 40% more tokens per megawatt than GPU systems, with multi-gigawatt deployment from 2027.
TypeSafe raised $870M at a $7.5B valuation, led by a16z, weeks after launching Jev — an AI that returns structured data instead of prose.
Wood Mackenzie: four-hour batteries now cost less than open-cycle gas turbines in all 43 markets modelled, just as AI data centers drain turbine supply.
Arena, the crowdsourced AI leaderboard once known as Chatbot Arena, raised $200M at a $3.1B valuation on Oct 8, 2026.
TSMC booked NT$511.86bn (~$16.07bn) in September 2026, up 54.6% YoY and down just 0.6% from a record August.