Philadelphia Semiconductor Index Falls Over 6%, SanDisk Drops Over 14%, Micron and Arm Decline Over 6%

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On July 3, U.S. stocks in the storage and semiconductor sectors continued to decline, with the Philadelphia Semiconductor Index falling over 6%. KLA Corporation dropped over 12%, while Micron Technology and Arm both fell over 6%. AMD, Intel, and Qualcomm each decreased by more than 5%. In the storage sector, SanDisk plummeted over 14%, and both Seagate Technology and Western Digital fell over 10%.
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