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Tech Megacaps Gain $1.5T in July as Semiconductor Stocks Plunge $1.8T Excluding NVDA

2026-07-16 12:52:21

NVDA-2.18%

AVGO-2.89%

MU-4.28%

SK Hynix-11.52%

SKHY-7.75%

In July, technology's seven largest companies added approximately $1.5 trillion in market value, while semiconductor stocks excluding Nvidia shed nearly $1.8 trillion, according to Strategas data. Software stocks showed broader resilience, with 44 of 51 tracked stocks posting gains (median up 6%), while only Nvidia and Broadcom advanced among semiconductor peers as the broader chip sector recorded a median decline of nearly 20%. Memory chip makers including Micron, Samsung, and SK Hynix entered bear market territory.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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