BlockBeats news, on July 27, according to BIT (bit.com) market data, U.S. semiconductor stocks declined, with the Philadelphia Semiconductor Index down approximately 5%. AMD (AMD.O) fell over 8%, NVIDIA (NVDA.O) dropped more than 7%, and Intel (INTC.O) slid nearly 4%.
U.S. chip stocks decline, Philadelphia Semiconductor Index drops 5%
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Summary
On-chain data shows U.S. chip stocks declined sharply on July 27, with the Philadelphia Semiconductor Index falling approximately 5%. AMD (AMD.O) dropped over 8%, NVIDIA (NVDA.O) fell more than 7%, and Intel (INTC.O) declined nearly 4%. The Fear & Greed Index indicates market sentiment is turning cautious as volatility in the tech sector increases.
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