Nasdaq 100 Intraday Dips, US Stock Storage Sector Plunges Significantly, SanDisk and Seagate Drop Over 5%

BlockBeats News, July 2nd, according to BIT (bit.com) market data, the Nasdaq 100 fell during intraday trading, with a drop of over 0.4%. The US tech stocks sector saw an expanded decline, including:

Micron Technology (MU) fell by 2.11%;

Seagate Technology (STX) fell by 5.1%;

Western Digital (WDC) fell by 4.5%;

Sandisk (SNDK) fell by 6.8%.

The new memory ETF KMEM dropped by 4.5%, with its major holdings focusing on storage chip key manufacturers, including SK Hynix accounting for about 41.53%, Micron accounting for about 19.85%, Samsung Electronics accounting for about 18.81%, Sandisk accounting for 3.64%, Western Digital accounting for 3.4%, etc.