On July 3, the Philadelphia Semiconductor Index expanded its decline to 5%, with memory and optical communication sectors dropping sharply. SanDisk plunged over 12%, while Micron and Intel fell more than 5%. Marvell Technology, Applied Materials, and Corning each lost over 9%, AMD dropped over 4%, and Broadcom and NVIDIA declined around 2%. Market sentiment remains weak.
Market Flash
According to BlockBeats, citing BIT (bit.com) market data on July 3, the Philadelphia Semiconductor Index extended its losses to 5%, triggering a broad sell-off in memory and optical communication stocks. SanDisk plummeted over 12%, while Micron and Intel each dropped more than 5%. Marvell Technology, Applied Materials, and Corning all recorded declines of over 9%. AMD fell over 4%, and Broadcom and NVIDIA both slid approximately 2%.
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