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US stock semiconductor sector falls, the Philadelphia Semiconductor Index drops more than 5% intraday

PANews
PANews July 28 news: According to Bybit data, the US Nasdaq-listed Philadelphia Semiconductor Index fell more than 5% intraday, dropping to its lowest level in two months. Micron Technology (MU.O) fell nearly 9%, while SanDisk (SNDK.O) and Western Digital (WDC.O) fell more than 12%. Nvidia (NVDA.O) fell more than 1%, AMD (AMD.O) fell more than 8%, Intel (INTC.O) fell more than 6%, and Broadcom (AVGO.O) fell 2.8%. The Nasdaq 100 Index is down 10% from its all-time high.
MU-8.91%
SNDK-14.78%
WDC-6.79%
NVDA0.99%
AMD-8.13%
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