--- title: "Historical comparison: When semiconductors fell at least 17.5% in five days" description: "Asian Financial Crisis\nRussian Debt Default\nDot-Com Bust\n2008 Financial Crisis\nCovid Crash\n\nThose are the only other periods since 1994 when semiconductors fell at least 17.5% in five days.\n\nSource: bespoke" image: https://blog.syzgroup.com/hubfs/1793947651495.jpg --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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If you made a mistake, please change here USA Country Switzerland Canada: Other than Ontario, Quebec, Alberta Canada: Ontario, Quebec or Alberta USA Other country Language Language English French German Italian I confirm Legal information This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. 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The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. 6 Nov 2026 - - - #### Historical comparison: When semiconductors fell at least 17.5% in five days Asian Financial Crisis Russian Debt Default Dot-Com Bust 2008 Financial Crisis Covid Crash Those are the only other periods since 1994 when semiconductors fell at least 17.5% in five days. Source: bespoke [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) ![Historical comparison: When semiconductors fell at least 17.5% in five days](https://blog.syzgroup.com/hubfs/1793947651495.jpg) ![Historical comparison: When semiconductors fell at least 17.5% in five days](https://blog.syzgroup.com/hubfs/1793947651495.jpg) #### Disclaimer This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. Read More ## Related Articles [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [Market Outlook|](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) #### [What happened after a 5% Nasdaq drop?](https://blog.syzgroup.com/syz-the-moment/what-happened-after-a-5-nasdaq-drop?hsLang=en) Interesting stat by Donald Dean @donaldjdean on X ➡️ what happened after a 5% Nasdaq drop? The verdict: a quick bounce, then a retest Thursday’s 5.52% decline marked the Nasdaq’s eighth drop of more than 5% since 2015. Here’s what followed the previous seven: • The next day: 6 of 7 rebounded. • One week later: 5 of 7 were lower. • Three months later: 6 of 7 were higher, with an average gain of 23%. A small sample, but a reminder: an initial rebound doesn’t necessarily mean the selling is over. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 06/11/2026 [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) #### [CBOE Volatility Index $VIX](https://blog.syzgroup.com/syz-the-moment/cboe-volatility-index-vix?hsLang=en) CBOE Volatility Index $VIX soared 70% yesterday, its 3rd largest gain in history 🚨 👻 😱 Source: Barchart **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 06/11/2026 [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) #### [Was the post-election rally a bull trap?](https://blog.syzgroup.com/syz-the-moment/was-the-post-election-rally-a-bull-trap?hsLang=en) When news broke that Democrats had won both the House and the Senate, futures initially fell. Then the S&P 500 rallied, closing up 1.56% on Wednesday and adding more than $1 trillion in market value. Yesterday, the picture changed sharply. The index fell 3.84% in the first 90 minutes of trading, erasing roughly $2.7 trillion in market value and more than reversing yesterday’s gains. The reversal raises a question: did Wednesday rally give larger investors an opportunity to reduce their positions before the selling resumed? Source: Bull Theory **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 06/11/2026 ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. [Discover more](https://blog.syzgroup.com/syz-the-moment) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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