Philadelphia Semiconductor Index Drops 3%; Marvell Down Nearly 5%; ARM, Qualcomm Down Around 4%; Intel, AMD Down 3%; Nvidia, SK Hynix Down over 2%

Tiger Newspress6 minutes ago

Chip, storage shares continued to slip on Tuesday. Philadelphia Semiconductor Index dropped about 3%; SOXL down over 8%; Wolfspeed, Navitas, Credo down 5%; Astera Labs, Marvell down nearly 5%; ARM, CBRS, Qualcomm down around 4%; Intel, AMD down 3%; Nvidia, SK Hynix down over 2%.

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