US Stock Movement | Chip stocks plummet during trading, AMD once fell over 7%
On Friday, chip stocks plummeted during trading, with AMD at one point dropping over 7%. As of the time of writing, AMD's decline narrowed to 5.7%, NVIDIA fell over 1.5%, Micron Tech dropped over 3.7%, Taiwan Semiconductor decreased over 3.4%, Broadcom fell over 2.4%, and Intel dropped 0.8%. In terms of news, Trump threatened to implement "massive tariff increases" on goods imported from China, citing China's plans to impose new restrictions on rare earth exports
According to Zhitong Finance APP, on Friday, chip stocks plummeted during trading, with AMD (AMD.US) dropping over 7% at one point. As of the time of publication, AMD's decline narrowed to 5.7%, NVIDIA (NVDA.US) fell over 1.5%, Micron Tech (MU.US) dropped over 3.7%, Taiwan Semiconductor (TSM.US) decreased over 3.4%, Broadcom (AVGO.US) fell over 2.4%, and Intel (INTC.US) declined by 0.8%. On the news front, Trump threatened to implement "large-scale tariff increases" on goods imported from China, citing China's plans to impose new regulatory measures on rare earth exports
