Multiple AI hardware stocks drop over 10% as U.S. market slumps
Odaily Planet Daily report: According to MSX.COM data, the U.S. AI hardware industry chain has experienced a collective sell-off, with significant declines across chips, memory, semiconductor equipment, and optical communications sectors. The Philadelphia Semiconductor Index fell 7.25%.
In the chip sector, AMD fell 12.94%, NVIDIA fell 5.33%, TSMC fell 6.99%, Broadcom fell 5.35%, Intel fell 8.12%, Qualcomm fell 9.00%, and Arm fell 10.65%.
In the storage and hard drive sector, SanDisk fell 13.77%, Western Digital fell 12.78%, Seagate Technology fell 12.74%, Micron Technology fell 10.78%, and SK Hynix fell 9.41%.
In the semiconductor equipment and optical communications sector, Marvell Technology fell 10.03%, Lumentum fell 12.21%, Coherent fell 10.53%, Applied Materials fell 7.15%, Lam Research fell 8.66%, and ASML fell 5.98%.
