The AI bubble may not have burst yet, but $1 trillion worth of air appears to have escaped

Many of tech's heaviest hitters have seen their share prices decrease significantly this week. For instance, Nvidia has seen a decrease of about 8% over the last five days—and this AI company is far from the only one seeing such a dip.

Over the last five days, we've seen share prices fall by 13% for AMD, and nearly 15% for Intel. Looking more broadly across the AI and semiconductor industries, CNBC reports 20 of the most valuable players have shed more than $1 trillion in value as investors sell off stock.

The bigger picture doesn't look any better: over the last five days, Samsung Electronics has seen its share price decrease by nearly 20%, SK hynix is down 18%, and Micron has seen a dip of over 15%.

A combination of factors have likely triggered this big chip stock sell off, including concerns that the memory supply crisis may actually reverse into oversupply come 2029, according to a recent column …