AI hardware supply chain takes a broad hit, SanDisk drops nearly 20%

Odaily reports: According to MSX.COM data, the U.S. stock market's AI hardware supply chain suffered massive sell-offs, with chip, storage, semiconductor equipment, and optical communications sectors all declining across the board. The Philadelphia Semiconductor Index fell 10.14%, down 13.67% cumulatively since the beginning of the month.

On individual stocks, among chip stocks, AMD fell 15.51%, Nvidia dropped 7.86%, TSMC declined 9.23%, Broadcom fell 8.41%, and Arm dropped 12.66%; the storage sector saw even more significant declines, with Micron Technology down 14.72%, SK Hynix down 12.50%, SanDisk down 19.27%, Western Digital down 16.06%, and Seagate Technology down 15.38%.

The semiconductor equipment and optical communications sectors also came under pressure, with Marvell Technology down 12.92%, Lumentum down 15.52%, Coherent down 15.20%, Applied Materials down 10.29%, Lam Research down 12.09%, and ASML down 7.67%.