STOCKS | Philadelphia Semiconductor Index Falls Over 5% Amid Broad Tech Sell-Off

The Philadelphia Semiconductor Index experienced a decline of more than 5%, reflecting a broader sell-off in the technology sector. According to Jin10, Micron Technology saw its stock price drop over 8%, falling below the $1,000 mark. Broadcom's losses expanded to nearly 16%, while Arm Holdings and AMD both fell over 8% and 7%, respectively. Qualcomm's shares decreased by more than 4%, and Intel saw a decline of over 3%.