The Philadelphia Semiconductor Index extended its decline to 4.2%, with AMD falling more than 8%.

BlockBeats news, November 13, according to BIT stock platform data, all three major US stock indices turned negative, with the Nasdaq falling over 1%, the S&P 500 down 0.6%, and the Dow down 0.06%.

The Philadelphia Semiconductor Index extended its decline to 4.2%, AMD (AMD) dropped over 8%, Marvell Technology (MRVL), Broadcom (AVGO), and Arm (ARM) fell over 5%, Intel (INTC) down 4.4%, Micron Technology (MU) down 4%, and Nvidia (NVDA) down 2.5%.