US chip and semiconductor stocks collectively declined, with the Nasdaq Composite Index falling back below 26,000 points

Odaily Planet Daily News: msx data shows that the Nasdaq Composite Index fell below 26,000 points, recently reporting at 25,999.41 points, down 1.05% intraday.

Chip and semiconductor stocks experienced a broad decline. Nvidia's stock price fell by 0.6%, TSMC's stock price dropped by 2.67%, Broadcom's stock price decreased by 1.52%, Micron Technology's stock price fell by 6.08%, AMD's stock price dropped by 3.06%, Intel's stock price declined by 7.01%, ASML's stock price decreased by 3.63%, and Qualcomm's stock price further expanded its decline to 10%, following three consecutive days of sharp gains.