Chipmaker Plunge Drags S&P 500 and Nasdaq Sharply Lower

Price ActionIndustry Impact 4
โดย Barchart·Read original
Summary · why it matters

The S&P 500 fell 1.44% and the Nasdaq 100 tumbled 3.29% on Tuesday as a global selloff in semiconductor stocks hammered major indexes. The iShares Semiconductor ETF closed down more than 8%, with Micron Technology losing over 13% and Sandisk dropping more than 12% to lead decliners. The rout began in Asia, where South Korea's Kospi index sank more than 10% and SK Hynix and Samsung Electronics each fell over 12%, triggering forced liquidations among retail margin traders. A surprise expansion in the June S&P manufacturing PMI to a four-year high of 55.7 helped indexes pare some losses, while International Business Machines rose over 5% after a JPMorgan upgrade, limiting the Dow's decline to just 0.09%.

Impact on stocks 39

Semiconductors▼ · 12 stocks
SK Hynix Inc
000660
▼ NegativeDemandrelevance

SK Hynix fell over 12% in South Korea, triggering forced liquidations amid demand fears.

Micron Technology Inc
MU
▼ NegativeDemandrelevance

Micron lost over 13% in a global semiconductor selloff, reflecting weak demand outlook.

Sandisk Corp
SNDK
▼ NegativeDemandrelevance

Sandisk dropped over 12% in the chip rout, indicating demand concerns.

Artificial Intelligence▼ · 5 stocks
Critical Materials & Supply Chain▲ · 4 stocks
Information Technology▲ · 3 stocks
Cloud & Digital Infrastructure▲ · 3 stocks
Consumer Discretionary▲ · 2 stocks
Consumer Staples▲ · 2 stocks
Quantum Computing▲ · 1 stocks
Industrials▲ · 1 stocks
Materials▲ · 1 stocks
Biotech & Genomic Medicine▲ · 1 stocks
Financials▲ · 1 stocks
Electrification & Mobility▲ · 1 stocks
Cybersecurity & Digital Trust▲ · 1 stocks
Energy Transition & Power Demand▲ · 1 stocks
© 2026 MarketDXNews