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

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.

Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

U.S. stocks slipped on Wednesday, with the S&P 500 and Dow closing lower after touching record highs earlier in the session as President Donald Trump’s policy shots hit defense and housing-related shares. The Nasdaq ended slightly higher as investors returned to AI, or artificial intelligence, heavyweights including Nvidia and Alphabet. The S&P 500 fell 0.34% to 6,920.93, the Nasdaq rose 0.16% to 23,584.28 and the Dow dropped 0.94% to 48,996.08.
Semiconductor stocks today: Nvidia holds up premarket as SanDisk, Micron cool after CES spike

Semiconductor stocks today: Nvidia holds up premarket as SanDisk, Micron cool after CES spike

U.S. semiconductor stocks were little changed in premarket trade on Wednesday after an AI-led rally, with Nvidia up 0.3% around 6:53 a.m. ET. Memory chipmakers paused: SanDisk and Micron fell 1.3% and 1.2% after jumping 27.5% and 10% a day earlier. Nasdaq 100 futures were down 0.22% ahead of ADP private payrolls data and the JOLTS job openings report. Reuters
Sandisk (SNDK) stock jumps nearly 28% as Nvidia CES storage push fuels memory rally

Sandisk (SNDK) stock jumps nearly 28% as Nvidia CES storage push fuels memory rally

Sandisk Corp shares jumped 27.6% on Tuesday and were last up the same at $349.57 in after-hours trading, as investors piled into storage and memory names after Nvidia’s CES updates highlighted rising data-center storage needs for AI systems. Western Digital rose 16.8%, Seagate climbed 14.0% and Micron gained 10.0%. The stock traded between $281.59 and $352.36 in the session.
Western Digital stock slips today: WDC pulls back in year-end trade after leading S&P 500 in 2025

Western Digital stock slips today: WDC pulls back in year-end trade after leading S&P 500 in 2025

Western Digital Corp shares fell about 2.5% to $171.62 by 3:14 p.m. ET on Wednesday, the market’s final session of 2025. Shares traded between $171.41 and $177.46 after opening at $176.77, with about 2.3 million shares changing hands. The retreat still left the data-storage maker up about 291% for the year, making it the S&P 500’s top gainer, Barron’s reported. Barron's
Sandisk stock today: SNDK dips as company sets Jan. 29 earnings date

Sandisk stock today: SNDK dips as company sets Jan. 29 earnings date

Sandisk Corp shares were down 1.1% at $237.64 on Wednesday, after the flash-memory maker set Jan. 29 for its fiscal second-quarter results as year-end trading stayed thin. The stock has ranged from $235.54 to $241.69, while peers Western Digital, Micron Technology and Seagate Technology also traded lower and the broader market drifted modestly down.
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