U.S. Stock Market Update | Chip stocks decline, Philadelphia Semiconductor Index falls more than 2%
On Monday, chip stocks fell, with the Philadelphia Semiconductor Index dropping more than 2% at one point. As of the time of writing, the index is now down over 1%, with Super Micro Computer falling by 0.98%, NVIDIA dropping by over 1.2%, Micron Tech falling by over 3.8%, and Arm Holdings dropping by over 5.7%
According to Zhitong Finance APP, on Monday, chip stocks fell, with the Philadelphia Semiconductor Index dropping more than 2% at one point. As of the time of publication, the index is now down over 1%, Super Micro Computer (SMCI.US) fell by 0.98%, NVIDIA (NVDA.US) fell by over 1.2%, Micron Technology (MU.US) fell by over 3.8%, and Arm Holdings (ARM.US) fell by over 5.7%