US Stock Market Semiconductor Sector Decline, Philadelphia Semiconductor Index Plunges Over 5% in a Day

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BlockBeats News, July 28th, according to BIT (bit.com) market data, the US stock market Philadelphia Semiconductor Index fell over 5% intraday, hitting a new two-month low.

Micron Technology (MU.O) dropped nearly 9%, SanDisk (SNDK.O) and Western Digital (WDC.O) fell over 12%. Nvidia (NVDA.O) fell over 1%, AMD (AMD.O) fell over 8%, Intel (INTC.O) fell over 6%, Broadcom (AVGO.O) fell 2.8%.

Sumber: BlockBeats

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Trader Beaumont closed out a short position on Micron, securing a profit of nearly $3 million, and proceeded to short Nvidia.

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