{"id":907027,"date":"2026-11-05T17:42:12","date_gmt":"2026-11-05T17:42:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/907027\/"},"modified":"2026-11-05T17:42:12","modified_gmt":"2026-11-05T17:42:12","slug":"qualcomm-micron-sandisk-and-amd-stocks-sink-leading-chip-sector-lower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/907027\/","title":{"rendered":"Qualcomm, Micron, Sandisk, and AMD stocks sink, leading chip sector lower"},"content":{"rendered":"\n

Chip stocks sank on Thursday, extending declines from the prior session, with Qualcomm (QCOM<\/a>), Micron Technology (MU<\/a>), Sandisk (SDNK<\/a>), and AMD (AMD<\/a>) falling by double-digit percentages. Despite a broader market rally on Wednesday following Democrats’ midterm election victory, semiconductor stocks moved lower amid the threat that stricter regulation could slow data center construction.<\/a> <\/p>\n

Semiconductor stocks, which drove the AI trade higher this year, have been volatile since the summer. The PHLX Semiconductor Index (^SOX<\/a>) fell by 8%, trimming the index’s year-to-date gains to roughly 30%. <\/p>\n

The declines were led by Qualcomm, which issued an underwhelming profit forecast<\/a>, signaling that higher-cost components are weighing on the smartphone processor maker. <\/p>\n

Shares of Arm Holdings (ARM<\/a>) also fell after the chip designer issued revenue guidance that, while slightly above consensus, failed to impress investors who priced in a higher range amid the AI boom. <\/p>\n

Micron Technology stock also declined after the memory chipmaker paused plans for a Taiwanese plant due to labor disputes.<\/a> Sandisk slid 15%, extending declines from 7% in the prior session. <\/p>\n

SK Hynix (SKHY<\/a>) was also trading lower in premarket trading after shares of the South Korean memory maker tumbled overseas, alongside Samsung Electronics (005930.K<\/a>S<\/a>). <\/p>\n

At the same time, shares of US chipmaker Intel (INTC<\/a>) declined nearly 5%, while AMD plunged 12%. Nvidia (NVDA<\/a>) also extended declines from the prior session. <\/p>\n

154.80 -18.39 (-10.62%) <\/p>\n

As of 12:41:08 PM EST. Market Open. <\/p>\n

QCOM ARM MU <\/p>\n","protected":false},"excerpt":{"rendered":"Chip stocks sank on Thursday, extending declines from the prior session, with Qualcomm (QCOM), Micron Technology (MU), Sandisk…\n","protected":false},"author":2,"featured_media":907028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,32456,20112,147,9323,1170,1666,6480,2996,2997,923,19533,3733,32457],"class_list":["post-907027","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/907027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=907027"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/907027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/907028"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=907027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=907027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=907027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}