US stock storage sector losses widen, SK Hynix ADR falls 7.8%

According to data from MSX.COM, losses in the US stock storage sector are widening, with SanDisk expanding its decline to 8%, SK Hynix ADR falling 7.8%, Seagate Technology and Western Digital dropping around 7%, and Micron Technology declining over 4%.

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