News/News/Oct 14, 2026

Chip stocks lead Wall Street lower on Oct. 14 as hot inflation data stokes Fed rate-hike worries

SPXQQQ

U.S. stocks fell on Wednesday, October 14, with semiconductor shares leading the decline after an inflation report that came in hotter than expected raised expectations that the Federal Reserve could raise interest rates. The Nasdaq Composite fell about 1.9% and the S&P 500 about 1.1%, while the Dow was little changed. AMD and Sandisk each lost more than 5% and Intel about 4%.

  • S&P 500 down about 1.1% to 7,718.94
  • Nasdaq Composite down about 1.9% to 26,692.87
  • AMD and Sandisk down more than 5% each, Intel about 4%
  • Bloomberg: a gauge of chip giants fell 4.3%
SPX around the story · hourly24 h reaction ▼ 0.07%
7,647.827,738.357,828.88Chip stocks lead Wall Street lower on Oct. 14 as hot inflation data stokes Fed rate-hike worries1Oct 10Oct 12Oct 13Oct 15Oct 17

Moves this explains

META−4.20%Oct 13 · Fell 4.2% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.CAT−3.80%Oct 13 · Fell 3.8% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.AMD−8.72%Oct 13 · Fell 8.7% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (S&P 500 -1.3%). No company-specific cause was reported.MRK+4.72%Oct 13 · Rose 4.3% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.XAG−5.47%Oct 13 · Fell 5.5% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.SNOW−6.99%Oct 13 · Fell 7.0% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.LLY+3.91%Oct 13 · Rose 3.9% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.VST−9.22%Oct 13 · Fell 9.2% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.GLW−7.94%Oct 13 · Fell 7.9% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (S&P 500 -1.3%). No company-specific cause was reported.MSTR−6.98%Oct 13 · Fell 7.0% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.ANET−5.87%Oct 13 · Fell 5.9% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (S&P 500 -1.3%). No company-specific cause was reported.INTC−7.22%Oct 13 · Fell 7.2% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (S&P 500 -1.3%). No company-specific cause was reported.STX−7.07%Oct 13 · Fell 7.1% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.COST+2.95%Oct 13 · Rose 3.0% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.MU−6.96%Oct 13 · Fell 7.0% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.AMGN+4.02%Oct 13 · Rose 3.4% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.BMNR−6.62%Oct 13 · Fell 6.6% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.AMZN−2.84%Oct 13 · Fell 2.9% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.QQQ−2.74%Oct 13 · Fell 2.7% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (S&P 500 -1.3%). No company-specific cause was reported.SPX−1.31%Oct 13 · Fell 1.3% in a chip-led selloff after a hotter-than-expected inflation report raised Fed rate-hike worries (QQQ -0.4%). No company-specific cause was reported.GOOGL−2.81%Oct 13 · Fell 2.8% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.GILD+4.51%Oct 13 · Rose 4.7% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.PLTR−4.95%Oct 13 · Fell 5.0% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.HIMS−6.76%Oct 13 · Fell 6.8% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.SOFI−7.55%Oct 13 · Fell 7.5% on a broad risk-off day (S&P 500 -1.3%), when chip stocks led the market lower after a hot inflation report. No single news catalyst was reported for the stock itself.WDC−6.68%Oct 13 · Fell 6.7% as chip stocks led Wall Street lower after September CPI came in hotter than forecast (3.7% year on year vs 3.6% expected), stoking Fed rate-hike worries. The Nasdaq 100 ETF (QQQ) fell 2.7% and the S&P 500 1.3%. No single company-specific catalyst was reported; the move tracked the sector.
Source
CNBC
Oct 14, 2026
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