Storage Sector Plunges Over 30% From Highs as Semiconductor Index Drops 6%
2026-07-07 23:31

Woofun AI data shows that the US stock market opened lower on Tuesday, with the Philadelphia Semiconductor Index declining by more than 6%. The storage sector experienced continued downward pressure, with SanDisk dropping over 36% from its peak half a month ago. Seagate fell by 31%, Western Digital by 35%, and Micron by 28%.

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