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Chip stocks plunged on Tuesday, one day after the Philadelphia semiconductor index, known as SOX, hit a record high.

US stocks (^DJI, ^IXIC, ^GSPC) are selling off on Tuesday, the Nasdaq Composite in particular being dragged down heavily by Big Tech losses. Micron Technology (MU) has dropped by as much as 12%, while still maintaining gains of over 270% in 2026 ahead of its fiscal third quarter earnings this Wednesday. Mariner Wealth Advisors chief investment strategist and head of equities Jeff Krumpelman discusses what he is seeing out of the tech sector in the broader market picture.

It’s a rough day for stocks that have benefited from the AI rally this year. These stocks are among the deepest in the red this morning: Chip makers: Micron Technology is down 12%. Advanced Micro Devices, Marvell Technology and Qualcomm fell between 6% to 9% at the opening bell.

The stock is reaching dizzying levels.

Shares of SanDisk (NASDAQ:SNDK) are leading a sharp memory-chip selloff Tuesday morning session, with SanDisk stock down 11% to $2,027.50. The decline comes one day after the stock closed at a record high, capping a stunning run higher. Micron Technology (NASDAQ:MU) stock is sliding alongside it, off 10% to $1,085, while Western Digital (NASDAQ:WDC) shares ... SanDisk Plunges 11%, Micron and Western Digital Slide 10% as Korean Market Crash Hits Memory Chips

Tech stocks led the losses on Tuesday as investors went risk-off.

Stock Market Today: The Dow Jones index dropped, while tech futures plunged as Micron, Nvidia and Sandisk dived premarket.

(Updates with economic data, recent oil price movement, world markets' overview, and corporate stock

Samsung Electronics (005930) fell 12.31% to 310,000 KRW in Seoul, and SK Hynix (000660) dropped 12.47% to 2,555,000 KRW, with both stocks opening sharply higher before collapsing through the session. The magnitude of the moves helped push the KOSPI down roughly 9-10% from its recent record high, triggering a market-wide circuit-breaker trading halt. Nasdaq 100 futures were down more than 2% ahead of the US open, putting the index on pace to shed more than $1 trillion in market value, Reuters rep

The quantum computing sector is broadly getting a boost from two new executive orders fast-tracking the technology.

Chip stocks tumble, SpaceX falls 4.5%, and investors question returns on massive AI spending.

AI Chip Boom Wobbles: Micron Stock Hit Hard as Investors Dump Semiconductor Leaders

Hot AI leaders such as Micron and Sandisk dived early Tuesday as South Korea led a global stock market rout.

US equity futures were lower pre-bell Tuesday amid a sell-off in tech stocks and ongoing peace negot

AI Memory Boom Fuels Bold Micron Call as Needham Raises the Bar

Micron stock climbed 6% to a record close Monday after the chipmaker announced a multi-year agreement to supply memory and storage to the AI startup

Anthropic appeared poised to become the next blockbuster public offering. Just weeks ago, enthusiasm surrounding artificial intelligence seemed unstoppable, private market valuations were climbing, and investors were already comparing Anthropic’s potential debut to SpaceX‘s (NASDAQ:SPCX) record-setting IPO. Yet markets can change direction in a hurry. A sudden global sell-off in technology stocks has raised an ... Will the Tech Stock Rout Force Anthropic to Pull Its IPO?

Chip stocks led losses from South Korea to Europe, while oil prices steadied after the U.S. waived sanctions on Iranian crude

Micron reported its Q3 earnings after the bell on Wednesday.

Micron will announce its Q3 earnings after the bell on Wednesday.

Tech stocks are getting battered as investors fret about higher interest rates and mega-cap hyperscalers’ aggressive AI spending plans.

↘️ Samsung Electronics (KR:005930): The memory-chip giant tumbled 12% as the technology sell-off hit Asia. Its South Korean rival SK Hynix fell 12%, while Japan’s SoftBank Group slid 10% in Tokyo. ↘️ Micron Technology (MU): The U.

The smart money is backing Micron and Nebius.

AI-linked stocks dropped in the U.S. premarket and across Asian markets on Tuesday.

Investing.com -- Global chip stocks tumbled on Tuesday as a broad selloff in technology shares swept from Asia through Europe and threatened to drag Wall Street lower at the open, fuelled by mounting concerns over stretched AI valuations and the prospect of higher U.S. borrowing costs.

Stocktwits data showed retail sentiment has turned cautious, sinking to ‘bearish’ on SPY and ‘neutral’ on QQQ.

Micron Technology (MU), the largest U.S, memory chipmaker, announced a strategic agreement with Anthropic on Monday that bundles three things together: a technical collaboration on AI memory design, a new multiyear supply contract, and a stake Micron already holds in Anthropic's funding round. The ...

Futures for the Nasdaq were more than 2% lower in early European trade as a global selloff in technology stocks gathered pace.

Investors are looking forward to another week of chip stock reveals. Qualcomm is expected to give more details about its business at its investor conference. Micron, the latest trillion-dollar semiconductor company, reports earnings, as do FedEx, Cerebras and Carnival.

June 23 (Reuters) - Contracts tracking the tech-heavy Nasdaq fell 2%, leading declines among Wall Street futures on Tuesday, as concerns around imminent rate hikes in the United States and debt-backed