Philadelphia Semiconductor Index extends decline to 5%, Marvell Technology drops over 9%

According to MSX.COM data, the Philadelphia Semiconductor Index has extended its decline to 5%. Semiconductor sector stocks fell broadly, with Marvell Technology Group (MRVL.O) down over 9%, Micron Technology (MU.O) down over 6%, Intel (INTC.O) down over 5%, and both Nvidia (NVDA.O) and Broadcom (AVGO.O) down over 2%.