On Tuesday, semiconductor stocks broadly declined, with Qualcomm (NASDAQ: QCOM) falling more than 4%. Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) each dropped over 3%, while Micron Technology (NASDAQ: MU), NVIDIA (NASDAQ: NVDA), Seagate Technology (NASDAQ: STX), SK Hynix (OTC: SKHY), and SanDisk (NASDAQ: SNDK) all slipped more than 2%.
Additionally, Western Digital (NASDAQ: WDC) fell 2%, and Broadcom (NASDAQ: AVGO) declined by nearly 2%, continuing the sector-wide weakness during the trading session.
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