this post was submitted on 31 Oct 2026
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Intel’s woes wipe out $1 trillion of semiconductor market cap in one day — PC market bloodbath leaves few chip stocks unscathed: $1 trillion in semiconductor market capitalization wiped out. (www.tomshardware.com)
submitted 8 hours ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] murph@lemmy.sdf.org 15 points 2 hours ago (2 children)

I guess we're trying to make it so that, like the car industry, domestic companies only make super expensive products at high margins, and the only affordable products come from China, which we will tariff to oblivion, leaving the populace with no options.

[–] jubilationtcornpone@sh.itjust.works 6 points 2 hours ago

You have just described the current state of the steel industry.

[–] RFKJrsBrainworm@sh.itjust.works 2 points 2 hours ago

Oh there are still options...there are always options