US Stock Market Move | Chip stocks collectively plunge; Western Digital Corporation (WDC.US) slumps nearly 13%

date
23:10 05/11/2026
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GMT Eight
On Thursday, chip stocks collectively plunged. SanDisk (SNDK.US) tumbled over 13%, Western Digital Corporation (WDC.US) slumped nearly 13%, and Seagate Technology (STX.US) dropped 12%.
On Thursday, chip stocks collectively plunged. SanDisk (SNDK.US) tumbled over 13%, Western Digital Corporation (WDC.US) slumped nearly 13%, Seagate Technology Holdings PLC (STX.US) plunged 12%, Micron Technology, Inc. (MU.US) fell 11%, and SK Hynix (SKHY.US) dropped over 9%. Advanced Micro Devices, Inc. (AMD.US) plunged over 12%, Intel Corporation (INTC.US) fell over 8%, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) dropped 7%, ASML Holding NV ADR (ASML.US) fell over 6%, and Broadcom Inc. (AVGO.US) and NVIDIA Corporation (NVDA.US) dropped over 5%.