US Chip Stocks Continue to Decline, Western Digital and SanDisk Both Drop More Than 10%
BlockBeats News, July 7th, according to BIT (bit.com) market data, US chip stocks continued to fall during the trading day, with the Nasdaq dropping 1.35%.
Regarding optical modules, COHR fell by 7%, LITE fell by 5.21%, AAOI fell by 6.56%, NOK fell by 4.96%, MRVL fell by 9.07%.
As for storage, STX fell by 7.92%, WDC fell by 10.41%, SNDK fell by 11.18%, MU fell by 7.77%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold Fields said to weigh sweetening Northern Star bid with cash
Under continuous pressure from inflation and interest rate hike concerns, US Treasury sell-off intensifies; 30-year yield once surpassed 5.6%, hitting a more than 24-year high
U.S. long-term Treasury yields continued to rise on Tuesday, extending the recent sharp upward trend.
The US releases the final batch of strategic oil reserves, up to 40 million barrels, urging Europe to follow suit.
This is the final batch of the 172 million barrels of reserves released by the United States in this round; after this release, the U.S. Strategic Petroleum Reserve will drop to its lowest level since 1982, approaching legal and operational red lines. Meanwhile, the U.S. Secretary of Energy criticized some European countries for releasing far less than expected, urging them to fulfill their commitments. Currently, gasoline and diesel prices in the U.S. remain high, and less than two months remain until the midterm elections. On Tuesday, WTI crude oil futures fell by 3.95%.
Raphael Zagury: Bitcoin will eventually surpass gold
Crypto prices
More
