According to ME News, on July 24 (UTC+8), the U.S. stock memory chip index remained down more than 6.4%. According to BIT (bit.com) market data, key components including SanDisk are down 9.4%, Micron down 6.6%, Western Digital down 5.8%, and Seagate Technology down 4.9%. The Philadelphia Semiconductor Index is currently down 4.1%, with all components declining: Credo Technology down 10%, Astera Labs down 9.3%, Coherent down 8.8%, Marvell Technology down 7%, Rambus down 6.4%, and NVIDIA down 0.3%. (Source: BlockBeats)
U.S. AI stocks extend decline; SanDisk falls 9.4%
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Summary
On July 24 (UTC+8), the fear and greed index in the digital asset market indicated caution as U.S. storage chip stocks continued to decline, with the index dropping over 6.4%. SanDisk fell 9.4%, Micron declined 6.6%, Western Digital dropped 5.8%, and Seagate Technology fell 4.9%. The Philadelphia Semiconductor Index slid 4.1%, with Credo Technology down 10%, Astera Labs down 9.3%, Coherent down 8.8%, Marvell Technology down 7%, Rambus down 6.4%, and NVIDIA down 0.3%.
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