SanDisk dropped 11.00%, Seagate 9.99%, Western Digital 9.44%, SK Hynix 7.93% and Micron 7.03%, as the Philadelphia Semiconductor Index fell 5.82%, on Gate data.
The story so far: US semiconductor stocks slump
US chip stocks sold off on Oct 30, with Intel down 30% on weak guidance, and fell again on Nov 5 as the Philadelphia Semiconductor Index dropped. Nvidia CEO Jensen Huang's net worth fell $15.1bn as Nvidia shares dropped 9.26%. AXTI fell 10.1% over 24 hours to $40.52.
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US memory stocks extend sell-off as SanDisk falls more than 11%
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