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Late-night plunge, Dow Jones, NASDAQ, and S&P all in the red, with tech stocks hit hardest—how many times has this script been played out?
U.S. tech stocks collectively collapsed, with Qualcomm, Intel, and SanDisk all down by about 10%.
Nvidia’s A-share counterparts surged
Late on the night of May 12, all three major U.S. stock indices plunged together. The Dow fell more than 200 points, the Nasdaq dropped more than 1.5%, and the S&P 500 index fell by about 1%. Chips and semiconductors were hit hardest, with the Philadelphia Semiconductor Index down more than 5%. Popular tech stocks all plunged sharply. Qualcomm was down more than 10% and Intel fell about 9%. In the memory chip sector, SanDisk fell more than 8% and Micron dropped more than 6% $INTC #Gate广场五月交易分享