The Nasdaq fell more than 1.5% during the day, and the Philadelphia Semiconductor Index dropped 3.7%
According to Gate market data, the Nasdaq index's intraday decline has expanded to over 1.5%, and the S&P 500 index fell by 1%. The Philadelphia Semiconductor Index dropped by 3.7%, with Qualcomm down 7.5%, Intel down 3.6%, and Micron Technology down 4%.
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