On May 19, 2026, the Philadelphia Semiconductor Index experienced a significant downturn, plummeting by 3.5% and slipping beneath the 10,900-point threshold, marking a fresh daily low. Within the Nasdaq 100 Index's constituent stocks, AMD witnessed a substantial decline of over 6.3%, and Seagate Technology also followed suit with a drop. In contrast, Zscaler, Adobe, and Workday exhibited resilience, with Workday surging by an impressive 3.6%.
