---
title: "U.S. Stock Market News | Chip stocks decline, Super Micro Computer drops more than 6%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/207091533.md"
description: "According to Zhitong Finance, on Monday, Super Micro Computer's stock price fell along with the chip sector, dropping over 6% to $845. Taiwan Semiconductor fell 2.7%, Qualcomm fell over 3.3%, and Broadcom fell nearly 2%"
datetime: "2024-06-24T15:28:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/207091533.md)
  - [en](https://longbridge.com/en/news/207091533.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/207091533.md)
---

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# U.S. Stock Market News | Chip stocks decline, Super Micro Computer drops more than 6%

According to Zhitong Finance, on Monday, Super Micro Computer (SMCI.US) fell more than 6% following the decline in the chip sector, with the stock trading at $845. Taiwan Semiconductor (TSM.US) dropped by 2.7%, Qualcomm (QCOM.US) fell over 3.3%, and Broadcom (AVGO.US) declined by nearly 2%

### Related Stocks

- [Super Micro Computer, Inc. (SMCI.US)](https://longbridge.com/en/quote/SMCI.US.md)
- [QUALCOMM Incorporated (QCOM.US)](https://longbridge.com/en/quote/QCOM.US.md)
- [Broadcom Inc. (AVGO.US)](https://longbridge.com/en/quote/AVGO.US.md)
- [Taiwan Semiconductor Manufacturing Company Limited (TSM.US)](https://longbridge.com/en/quote/TSM.US.md)

## Related News & Research

- [TSMC faces broad 3nm capacity shortage, fueling supply chain battle](https://longbridge.com/en/news/280962010.md)
- [Mather Group LLC. Raises Holdings in Broadcom Inc. $AVGO](https://longbridge.com/en/news/281156729.md)
- [Fort Washington Investment Advisors Inc. OH Sells 56,239 Shares of Broadcom Inc. $AVGO](https://longbridge.com/en/news/280975764.md)
- [Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by Generate Investment Management Ltd](https://longbridge.com/en/news/280870298.md)
- [Broadcom Inc. $AVGO Shares Sold by Daymark Wealth Partners LLC](https://longbridge.com/en/news/280748651.md)