Chip Stocks Slide as Market Sees Broad Decline: INTC, TSM, MU, NVDA, AMD

Article's Main Image

Chip stocks experienced a downturn today. Notably, Intel (INTC, Financial) and Taiwan Semiconductor Manufacturing Company (TSM) each fell over 2%, Micron Technology (MU) dropped more than 3%, Nvidia (NVDA) declined over 1%, and Advanced Micro Devices (AMD) decreased by 0.47%.

The broader U.S. stock market also saw decreases, with the Nasdaq and Dow Jones each down by 0.14%, and the S&P 500 index slipping by 0.09%.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.