Huo Xing Finance reports that, according to BIT (bit.com) market data, on Monday, September 28, U.S. stock markets closed lower across the board: the Dow Jones fell 0.67%, the S&P 500 dropped 0.77%, and the Nasdaq declined 0.92%. Semiconductor stocks mostly declined: Arm (ARM) fell 8.70%, Qualcomm (QCOM) dropped 7.17%, Intel (INTC) slid 5.67%, Marvell Technology (MRVL) fell 3.83%, and AMD declined 3.61%, while NVIDIA (NVDA) rose 1.68%. The storage sector saw mostly losses: SK Hynix (SKHY) dropped 5.03%, SanDisk (SNDK) fell 3.65%, Micron Technology (MU) declined 2.62%, and Western Digital (WDC) slipped 0.78%. All light communication stocks retreated: Credo (CRDO) fell 8.67%, Coherent (COHR) dropped 4.52%, Applied Optoelectronics (AAOI) declined 4.52%, Marvell Technology (MRVL) fell 3.83%, and Astera Labs (ALAB) dropped 3.65%. Neocloud-related stocks also declined across the board: Applied Digital (APLD) fell 6.55%, Cipher Digital (CIFR) dropped 5.58%, IREN declined 5.45%, Core Scientific (CORZ) fell 4.73%, and Galaxy Digital (GLXY) dropped 4.25%.
U.S. tech stocks fall as semiconductor, storage, and neocloud sectors decline
MarsBitShare
Summary
U.S. tech stocks declined on Monday, September 28, as the Fear & Greed Index indicated heightened market anxiety. The semiconductor, storage, and Neocloud sectors all fell, with on-chain data showing reduced buying pressure. Arm (ARM) and Credo (CRDO) both dropped more than 8%, while the Dow, S&P 500, and Nasdaq also recorded losses.
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