The U.S. storage chip index fell more than 17% this week, retreating more than 31% from its all-time closing high.

On Friday, the US stock storage chip and hardware supply chain index fell by 0.77%, closing at 189.38 points, a cumulative retreat of more than 31.12% from the all-time high of 274.95 points set on June 22. This week, it has fallen by 17.61% and has been in a downward trend during the period. On Friday, component stocks Applied Materials fell by 5.57%, SanDisk by 3.99%, Lam Research by 2.39%, Micron Technology by 0.50%, Teradyne and Rambus both rose by 0.02%, Western Digital by 2.23%, and Seagate Technology by 5.66%. This week, SanDisk fell by 29.29%, Western Digital by 18.09%, Seagate Technology by 13.48%, Micron by 13.31%, Applied Materials by 12.09%, Lam Research by 10.57%, Teradyne by 10.36%, and Rambus by 9.51%.