BusinessPhoto: Mint MarketsChip Stocks Plunge Up to 17% Amid US Market Crash
Chip stocks including AMD, Arm, Qualcomm, and Sandisk plunged up to 17% following disappointing forecasts from Qualcomm and Arm. Concerns about potential restrictions on AI data centers added to the sell-off, causing the semiconductor index to drop 9.7%. The Nasdaq also fell by 6%, reflecting broader market weakness.
Mint Markets·

