Sandisk leads S&P 500 decliners as tech hardware selloff hits semiconductors

Price Action
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Summary · why it matters

Sandisk was the worst performer in the S&P 500 on Tuesday, falling 13.6% as a broad selloff hit technology hardware stocks. The S&P 500 declined 1.4% while its information-technology sector dropped 3.7%, and the iShares Semiconductor ETF, which tracks the PHLX Semiconductor Index, tumbled 7.9% with all 30 of its holdings declining. Among the day's biggest losers, Micron Technology fell 13.2%, Vertiv Holdings lost 11.1%, and ON Semiconductor dropped 11.0%, though many of these stocks retained triple-digit gains for 2026. The pullback comes ahead of Micron's earnings report on Wednesday, which is seen as a key test for the semiconductor sector.

Impact on stocks 16

Semiconductors▲ · 10 stocks
Artificial Intelligence▲ · 4 stocks
Spatial Computing / AR/VR▲ · 1 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
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