On Thursday, the Philadelphia Semiconductor Index declined by more than 5%.
Shares of Micron Technology, Inc. (NASDAQ: MU) fell over 8%, dropping below the $1000 mark. Broadcom Inc. (NASDAQ: AVGO) saw its losses widen to nearly 16%. Arm Holdings plc (NASDAQ: ARM) shares dropped more than 8%, while Advanced Micro Devices, Inc. (NASDAQ: AMD) declined over 7%. Qualcomm Incorporated (NASDAQ: QCOM) was down more than 4%, and Intel Corporation (NASDAQ: INTC) fell over 3%.
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