The Philadelphia Semiconductor Index fell 5.67%, hitting its lowest level since July 29.

BlockBeats news, October 22 - According to BIT(bit.com) market data, the U.S. semiconductor sector collectively declined, with the Philadelphia Semiconductor Index falling 5.67%, hitting a new low since July 29. Among the constituent stocks: AMD fell 7.21%, Intel dropped 6.57%, Applied Materials decreased 6.57%, Arm declined 6.75%, Seagate Technology plunged 7.81%, Western Digital fell 6.95%; Micron Technology dropped 4.29%, NVIDIA decreased 3.93%, TSMC fell 3.97%, Broadcom declined 3.79%, ASML dropped 4.83%. Multiple sub-sectors including memory, semiconductor equipment, and chip design are under simultaneous pressure.

Additionally, Lam Research fell 9.78%, Lumentum dropped 9.24%, Coherent plunged 11.81%, and the triple-leveraged semiconductor ETF declined 17.09%.