On July 1, the Philadelphia Semiconductor Index experienced a sharp decline, plummeting by as much as 4.4%. This downturn was mirrored in the stock prices of several key players in the semiconductor industry: Nvidia's shares dropped by 3.16%, TSMC's by 3.04%, Broadcom's by 1.76%, Micron Technology's by a significant 7.68%, AMD's by 4.33%, ASML's by 4.14%, Intel's by 4.68%, and ARM's by 4.42%. Furthermore, there were reports indicating that the index had at one point fallen over 5%, with the stock prices of associated companies suffering even steeper declines.
