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U.S. memory sector losses widen, SK Hynix ADR down 7.8%

2026-07-16 13:48

According to data from MSX.COM, losses in the U.S. memory sector are widening. SanDisk's losses expanded to 8%, SK Hynix ADR fell 7.8%, Seagate Technology and Western Digital dropped about 7%, and Micron Technology fell 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 decreased 3.6%, Micron Technology dropped 3.84%, AMD fell 3.76%, ASML rose 0.11%, Intel dropped 3.68%, Lam Research fell 2.92%, and ARM decreased 6.6%.