US Stocks Open Lower, AI Stocks Fall Broadly with Micron Down Over 12%

US Stocks Open Lower, AI Stocks Fall Broadly with Micron Down Over 12%

N
News Editor
2026-06-23 13:31:09
US stocks opened lower with all three major indexes declining. AI stocks dropped broadly, with Micron falling over 12%, followed by Astera Labs, Marvell, and Arm. The VIX volatility index surged 23%.
AI StocksUS StocksMicronRWAMSX

U.S. stock markets opened lower on June 23, with all three major indexes retreating. The Dow Jones Industrial Average fell 0.63%, the S&P 500 dropped 1.64%, and the Nasdaq Composite slid 2.44%. Market fear escalated as the VIX volatility index jumped 23.05%. AI-related stocks saw widespread declines, with Micron Technology plunging 12% as the worst performer. Other notable losers included Astera Labs (-9.05%), Marvell Technology (-8.86%), Teradyne (-8.73%), and Arm Holdings (-8.36%).

Separately, MSX, a leading real-world asset (RWA) trading platform, has listed hundreds of RWA tokens covering popular U.S. stocks and ETFs, including NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD. The platform enables on-chain exposure to traditional equities for crypto investors.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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