The US semiconductor index fell by 2%, Texas Instruments dropped over 5%, and Tesla declined by more than 2%
The U.S. semiconductor index fell more than 2%, with Texas Instruments and Tesla dropping over 5% and 2%, respectively. The Nasdaq 100 index decreased by 0.7%, with Netflix experiencing the largest decline at 9.4%. Other tech stocks such as Intel and AMD also saw varying degrees of decline. Meanwhile, companies like Marriott International and Dexcom saw their stock prices rise by more than 2%
The Nasdaq 100 Index fell by 0.7%, hitting a daily low, with component stock Netflix down 9.4%, Texas Instruments down 5.3%, MSTR down 4.2%, Palantir down 3.4%, Intel, Microchip Technology, Marvell Technology, and Lam Research down at least 3%, AMD down 2.7%, and ON Semiconductor down 2.3%; Marriott International, Dexcom, and CDW are currently up over 2%, and the Da Vinci surgical robot ISRG is up 16.6%. The Philadelphia Semiconductor Index fell over 2%, the S&P 500 fell 0.3%, and the Russell 2000 Index fell 0.5%. Tesla fell 2.1%, and Apple fell 1.1%.
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