Philadelphia Semiconductor Index Falls 1.7%; ASML Down 4.4%, AMD Down 4%
The Philadelphia Semiconductor Index declined 1.7% in recent trading, with several major chip stocks falling. ASML dropped 4.4%, AMD fell 4%, Micron Technology lost 3.2%, Nvidia declined 2.5%, and Intel slipped 2%. The selloff was broad-based across the sector.
The Philadelphia Semiconductor Index extended its decline to 1.7%. ASML fell 4.4%, AMD dropped 4%, Micron Technology lost 3.2%, Nvidia declined 2.5%, and Intel slipped 2%.