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US Stock Market Semiconductor Sector Downturn, Philadelphia Semiconductor Index Plunges Over 5% in a Day

Jul 28, 21:45

July 28th, according to BIT (bit.com) market data, the US Philadelphia Semiconductor Index fell over 5% intraday, hitting a new two-month low.

Micron Technology (MU.O) dropped nearly 9%, SanDisk (SNDK.O) and Western Digital (WDC.O) fell over 12%. Nvidia (NVDA.O) dropped over 1%, AMD (AMD.O) dropped over 8%, Intel (INTC.O) dropped over 6%, Broadcom (AVGO.O) fell 2.8%.