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The decline in the US memory chip sector has widened, with SK Hynix ADR falling 7.8%

2026-07-16 13:48

According to MSX.COM data, the decline in the US memory chip sector has widened. SanDisk's drop expanded to 8%, SK Hynix ADR fell 7.8%, Seagate Technology and Western Digital dropped approximately 7%, and Micron Technology fell over 4%.

The Philadelphia Semiconductor Index dropped 3% to 12,023.76 points. Nvidia's stock price fell 2.15%, TSMC's stock price fell 2.73%, Broadcom's stock price fell 3.6%, Micron Technology's stock price fell 3.84%, Advanced Micro Devices' stock price fell 3.76%, ASML's stock price rose 0.11%, Intel's stock price fell 3.68%, Lam Research's stock price fell 2.92%, and ARM's stock price fell 6.6%.