---
title: "STOCKS | Philadelphia Semiconductor Index Falls Over 6% as Chipmakers Slide"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289217416.md"
description: "The Philadelphia Semiconductor Index fell more than 6%, with several major chip stocks posting steep declines. According to Jin10, Marvell Technology and Arm each dropped more than 10%, while Qualcomm fell more than 9%. Advanced Micro Devices and Micron Technology each declined more than 7%."
datetime: "2026-06-09T16:11:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289217416.md)
  - [en](https://longbridge.com/en/news/289217416.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289217416.md)
---

# STOCKS | Philadelphia Semiconductor Index Falls Over 6% as Chipmakers Slide

The Philadelphia Semiconductor Index fell more than 6%, with several major chip stocks posting steep declines. According to Jin10, Marvell Technology and Arm each dropped more than 10%, while Qualcomm fell more than 9%. Advanced Micro Devices and Micron Technology each declined more than 7%.

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## Related News & Research

- [Arm Holdings Surged on Nvidia's New Chip Announcement. Is It Too Late to Buy ARM Stock?](https://longbridge.com/en/news/288760659.md)
- [Why Is Arm Stock Falling Friday?](https://longbridge.com/en/news/288881984.md)
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- [Why 102.4 Tbps AI-Optimized Switch Silicon Is Such a Huge Deal for Marvell Technology Stock](https://longbridge.com/en/news/288619577.md)