Multiple stocks fell over 10% as the U.S. AI hardware supply chain sold off across the board

Odaily reports: According to MSX.COM data, the U.S. AI hardware supply chain suffered a broad sell-off, with chip, memory, semiconductor equipment, and optical communications sectors all falling sharply. The Philadelphia Semiconductor Index dropped 7.25%.

Among chip stocks, AMD fell 12.94%, Nvidia dropped 5.33%, TSMC declined 6.99%, Broadcom fell 5.35%, Intel dropped 8.12%, Qualcomm declined 9.00%, and Arm fell 10.65%.

Among memory and hard drive stocks, SanDisk fell 13.77%, Western Digital dropped 12.78%, Seagate Technology declined 12.74%, Micron Technology fell 10.78%, and SK Hynix dropped 9.41%.

Among semiconductor equipment and optical communications stocks, Marvell Technology fell 10.03%, Lumentum dropped 12.21%, Coherent declined 10.53%, Applied Materials fell 7.15%, Lam Research dropped 8.66%, and ASML declined 5.98%.