Chip stocks drop in premarket trading. Direxion Daily Semiconductors Bull 3x Shares fell 14%; United Microelectronics, Semtech fell 9%; Credo Technology Group Holding Ltd fell 8%; Wolfspeed Inc. fell 7%; Applied Materials, Advanced Micro Devices, Intel fell 6%; ARM Holdings, Western Digital, Taiwan Semiconductor Manufacturing fell 5%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments