The Philadelphia Semiconductor Index fell over 3%. Among its components, Micron Technology dropped nearly 8%, Intel and AMD fell over 5%, KLA and Lam Research declined over 4%, Applied Materials dropped nearly 4%, GlobalFoundries fell over 3%, Texas Instruments, Microchip Technology, and ON Semiconductor all dropped over 2%, while TSMC, Qualcomm, NVIDIA, and ASML all fell over 1%.
Philadelphia Semiconductor Index Drops Over 3% as Major Components Fall
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Summary
The Philadelphia Semiconductor Index fell more than 3% on July 15, 2026, as on-chain data revealed broad weakness across the sector. Micron Technology dropped nearly 8%, while Intel and AMD each lost over 5%. KLA, Lam Research, and Applied Materials all declined more than 4%, and GlobalFoundries fell over 3%. The Fear & Greed Index turned sharply negative, with Texas Instruments, Microchip Technology, and ON Semiconductor down more than 2%. TSMC, Qualcomm, NVIDIA, and ASML also declined over 1%.
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