Browse Category
NASDAQ:AMD 20 November 2025 - 30 November 2025
On June 23, 2026, U.S. markets saw significant declines in technology and semiconductor stocks, with the Nasdaq and S&P 500 falling more sharply than the Dow, which was supported by its largest components. Chipmakers and AI-related stocks led the selloff as traders questioned high valuations and the possibility of further Federal Reserve rate hikes. The S&P 500 dropped around 1% and the Nasdaq fell 1.4%, while the Dow was nearly flat. Futures trading earlier in the day showed Nasdaq 100 futures down almost 3%, and global semiconductor stocks also declined, with South Korea’s KOSPI index dropping 9.99% due to steep losses in Samsung Electronics and SK Hynix. European chipmakers also fell, and the Philadelphia Semiconductor Index was under pressure. The risk-off sentiment followed a period of strong inflows into semiconductor ETFs, with the VanEck Semiconductor ETF receiving $6.93 billion in a single day on June 22, accounting for a significant portion of technology sector fund flows. Earlier in the week, Intel and AMD had posted strong gains, with Intel closing at $133.99 and AMD at $537.37 on June 18, but the recent downturn erased some of those advances. Traders are closely watching upcoming economic data, including the PCE inflation report, and tracking Federal Reserve policy signals for further direction.