Micron and Intel Lead Chip Selloff

Price ActionRegulation
โดย GuruFocus·Read original
Summary · why it matters

Micron and Intel led a selloff in chip stocks on Monday, even as the broader market advanced on easing U.S.-Iran tensions. Micron fell 6% after a class-action lawsuit in California accused it, Samsung, and SK Hynix of colluding to restrict DRAM supply and raise prices during the AI boom. Intel dropped 5%, Marvell fell 4%, and AMD slipped 3%, while the Philadelphia Semiconductor Index declined 0.4%. In contrast, the Dow gained 0.5%, the S&P 500 rose 0.6%, and the Nasdaq added 1%. AI software stocks fared better, with Palantir up 4.7% on new deals with Surf Air Mobility and Nvidia, and Nvidia itself rising 0.7%.

Impact on stocks 11

Semiconductors▼ · 4 stocks
Micron Technology Inc
MU
▼ NegativeRegulationrelevance

Accused of colluding to restrict DRAM supply and raise prices in a class-action lawsuit.

Intel Corporation
INTC
▼ Negativerelevance

Fell 5% as part of chip selloff led by Micron, but no company-specific news.

Artificial Intelligence▲ · 4 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

Rose 0.7% and mentioned as AI software stock faring better; Palantir's deals with Surf Air Mobility and Nvidia highlight AI demand.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Advanced Air Mobility (eVTOL)▲ · 1 stocks
Surf Air Mobility Inc.
SRFM
▲ PositiveDemandrelevance

Surf Air Mobility mentioned as a new deal partner for Palantir, implying positive business development.

Cloud & Digital Infrastructure▲ · 1 stocks
© 2026 MarketDXNews