U.S. semiconductor and storage names moved lower during intraday trading on Sept. 1, according to market data from BIT (bit.com). The Philadelphia Semiconductor Index fell more than 3%, while several major chip and storage-related stocks posted losses across the session. Intel led the declines among the listed names, down 3.88%, followed by AMD at 3.48% and Nvidia at 3.25%. In storage, Micron Technology slipped 2.53%, Sandisk fell 2.26%, Seagate Technology lost 3.06%, and Western Digital dropped 1.94%. SK Hynix ADR also traded lower, down 2.41%. The move reflected broad weakness across the semiconductor and storage segment during U.S. market hours.
U.S. semiconductor and storage stocks broadly declined during intraday trading on Sept. 1, according to market data from BIT (bit.com), with the Philadelphia Semiconductor Index down more than 3%.
Among individual names, Micron Technology (MU) fell 2.53%, Sandisk (SNDK) lost 2.26%, Seagate Technology (STX) dropped 3.06%, Western Digital (WDC) slipped 1.94%, and SK Hynix ADR fell 2.41%.
Chipmakers also traded lower. Nvidia (NVDA) was down 3.25%, Intel (INTC) fell 3.88%, and Advanced Micro Devices (AMD) lost 3.48%.
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