Electronics retailer JB Hi-Fi has seen its share price take a massive hit after handing down its full year financial results on Monday. Despite reporting record total sales, recent months have seen the retail giant hit a wall.

The company saw a major decline in sales growth in the most recent quarter, as the AI infrastructure boom puts pressure on the availability of key items in the electronics hardware supply chain and consumers became more circumspect about their spending.

In the hours after releasing its results, JB Hi-Fi saw its share price plunge as much as 12 per cent after the market opened.

It’s the biggest percentage intraday fall in value for the ‘bellwether’ retailer, and is set to…