
U.S. Stock Market Update | Chip stocks decline, Philadelphia Semiconductor Index falls more than 2%

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On Monday, chip stocks fell, with the Philadelphia Semiconductor Index dropping more than 2% at one point. As of the time of writing, the index is now down over 1%, with Super Micro Computer falling by 0.98%, NVIDIA dropping by over 1.2%, Micron Tech falling by over 3.8%, and Arm Holdings dropping by over 5.7%
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