
US Stock Movement | Chip stocks plummet during trading, AMD once fell over 7%

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On Friday, chip stocks plummeted during trading, with AMD at one point dropping over 7%. As of the time of writing, AMD's decline narrowed to 5.7%, NVIDIA fell over 1.5%, Micron Tech dropped over 3.7%, Taiwan Semiconductor decreased over 3.4%, Broadcom fell over 2.4%, and Intel dropped 0.8%. In terms of news, Trump threatened to implement "massive tariff increases" on goods imported from China, citing China's plans to impose new restrictions on rare earth exports
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