On July 28, the slump within the AI hardware sector of the US stock market deepened, as evidenced by a 6.03% drop in the Philadelphia Semiconductor Index. Notably, shares of companies such as Micron Technology, Advanced Micro Devices (AMD), and SanDisk tumbled by more than 10%. Meanwhile, other industry giants like Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC) also witnessed declines to varying extents.
