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NASDAQ:SIMO News 8 January 2026

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

New York, Jan 8, 2026, 14:17 EST — Regular session Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip name. The stock was down 9.9% at $109.10 in afternoon trading, after touching $123 earlier in the session. The drop came as tech shares slipped more…
8 January 2026
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