Chip Stocks Plummet: Qualcomm, Nvidia Lead Decline, Dragging Nasdaq Down Nearly 2%
2026-06-11 / Read about 0 minute
Author:小编   

On June 11 (local time), all three major U.S. stock indices finished the session in negative territory. The Dow Jones Industrial Average fell 1.88%, the Nasdaq Composite Index tumbled 1.98%, and the S&P 500 Index declined 1.61%. Chip stocks were notably weak, with Qualcomm plunging over 6%. Broadcom, Western Digital, and ARM each dropped more than 5%, while TSMC, Micron Technology, and AMD declined over 4%. Nvidia, another major player, fell 3.7%. Additionally, Alcoa closed 9.5% lower, marking its worst daily performance since April 2025. Meanwhile, Super Micro Computer plummeted 28% at the close, its largest single-day drop since March.