Semiconductor stocks are pressured alongside weaker Nasdaq, and a former executive held senior finance roles at several firms.
Steady: 1 development in the last 24 hours, 1 in the last 7 days
Updated 1 hour ago
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How it started
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What happened
Semiconductor stocks are pressured alongside weaker Nasdaq, and a former executive held senior finance roles at several firms.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Market decline dragged chip industry lower, affecting companies like Applied Materials and trading on the Nasdaq.Sub-event
TSMC among others faced pressure as semiconductor stocks rotated on Nasdaq.1 source
Semiconductor stocks face pressure as Nasdaq weakens; executive Durn's past roles at major chipmakers are noted.1 source
Tech stocks decline due to AI concerns, compounded by geopolitical risk from the Middle East.1 source
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The entities involved
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Nasdaq
American fully electronic stock exchange
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Marvell Technology
American fabless semiconductor company
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Applied Materials
American company