US AI Hardware Stocks Plunge as SK Hynix Falls 9.39% and Semiconductor Index Drops 5.02%

Broad selloff hits AI hardware sector with Philadelphia Semiconductor Index down 5.02%. Memory stocks lead losses, with SK Hynix dropping 9.39% and SanDisk falling 13.79%, signaling sharp risk-off sentiment in chip equities.

Woofun AI data shows that US AI hardware equities experienced a significant decline, driven by a 5.02% drop in the Philadelphia Semiconductor Index. Major semiconductor manufacturers recorded substantial losses, including Nvidia at -4.03%, TSMC at -3.47%, Broadcom at -2.02%, AMD at -8.51%, ASML at -7.3%, Intel at -5.38%, Lam Research at -7.45%, and ARM at -3.02%.

Memory sector stocks faced even steeper declines. Micron Technology fell 6.94%, while SK Hynix dropped 9.39%. SanDisk led the memory losses with a 13.79% decrease, followed by Western Digital at -9.28%, Seagate Technology at -8.09%, and Kioxia ADR at -6.65%.