Philadelphia Semiconductor Index Drops 5% as AMD and NVIDIA Fall Over 7%

US chip sector faces broad sell-off with SOX down 5%. AMD leads losses with 8% drop, followed by NVIDIA at 7% and Intel at 4%, signaling sector-wide weakness.

Woofun AI data shows that the Philadelphia Semiconductor Index declined approximately 5%, reflecting a broad downturn in US chip equities. AMD shares fell more than 8%, while NVIDIA dropped over 7% and Intel decreased nearly 4%.