--- title: "AMD, Micron, and NVIDIA continue to decline, chip stocks face heavy losses" type: "News" locale: "en" url: "https://longbridge.com/en/news/294084184.md" description: "Affected by weak trends in the Asian and European markets, U.S. semiconductor stocks suffered a sharp decline on Tuesday. NVIDIA fell about 1%, Intel dropped 8%, and AMD decreased by 10%. Memory chip manufacturers Micron, Sandisk, and Seagate experienced significant declines, falling approximately 11%, 17%, and 14%, respectively. This sell-off closely followed a massive drop in Asian tech stocks, highlighting the impact of uncertainty in the global AI investment cycle on stock prices" datetime: "2026-07-28T14:48:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294084184.md) - [en](https://longbridge.com/en/news/294084184.md) - [zh-HK](https://longbridge.com/zh-HK/news/294084184.md) --- # AMD, Micron, and NVIDIA continue to decline, chip stocks face heavy losses U.S. semiconductor stocks fell on Tuesday, following weak trends in Asia and Europe. NVIDIA dipped about 1%, Intel plummeted 8%, and AMD dropped 10%. Memory chip manufacturer Micron fell 11%, while Sandisk dropped 17%. Seagate and Western Digital each fell about 14%. This round of declines follows a massive sell-off in the Asian markets. In South Korea, SK Hynix closed down 14.65%, and Samsung Electronics fell over 13%. Other AI-related stocks also faced significant sell-offs, with Samsung SDI down 11.37%, LG Innotek down 16.29%, Seoul Semiconductor down 8.78%, and LG Chem down 7.5% at the close. Japanese chip stocks also saw declines. Tokyo Electron closed down 10.96%, Advantest fell over 10%, while SoftBank Group—acting as a major AI investment representative through its holdings in Arm—dropped 4.43%. Japanese computer storage manufacturer Kioxia's stock plummeted over 18%. Selling pressure continued to spread to Europe, with major chip companies declining in early trading. ASML's stock price fell. ASML had already dropped over 8% on Monday. Other chip stocks, including ASM International and BE Semiconductor, saw early morning declines of 2% to 3%. This sell-off follows another weak trading day for U.S. semiconductor stocks on Monday. The VanEck Semiconductor ETF (SMH) fell over 2%, exacerbating Friday's losses. AMD and Teradyne dropped 5% and 4%, respectively. Micron Technology fell about 2%. This weakness highlights the close intertwining of Asian tech stocks with the U.S. AI trading theme. Samsung Electronics and SK Hynix are among the largest suppliers of high-bandwidth memory chips used for AI servers globally, making them particularly sensitive to changes in spending expectations from U.S. hyperscale companies. Owen Lamont, Senior Vice President at Acadian Asset Management, stated that the volatility in SK Hynix's stock price underscores the uncertainty surrounding the AI investment cycle, and he believes investors still lack visibility on how this technology will ultimately impact the economy. "We are currently facing tremendous uncertainty," he said. "No one knows how this AI process will affect our economy, so I think the market will remain volatile regardless of what happens." Lamont also added that leveraged exchange-traded products may exacerbate market volatility, even if they are not the sole reason for SK Hynix's recent fluctuations. "More broadly, the entire leveraged ETF ecosystem in Korea and the U.S. could increase volatility and amplify market fluctuations." Sandeep Ganthori, Chief Investment Officer of Standard Chartered Bank's equities, stated that the long-term outlook remains solid: "There are still enough market opportunities for multiple companies to benefit and coexist," and the AI investment cycle will continue to support leading tech companies. "Another reason for Korea's weakness today is that some brokerages reported that memory prices will peak in 2027, which is not far from our view," Ganthori said Although Standard Chartered Bank expects memory prices to peak next year, it added that "the important thing is the risk-reward ratio, which has improved at the current valuation levels." ### Related Stocks - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [USD.US](https://longbridge.com/en/quote/USD.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SSG.US](https://longbridge.com/en/quote/SSG.US.md) - [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md) - [STXX.US](https://longbridge.com/en/quote/STXX.US.md) - [STXL.US](https://longbridge.com/en/quote/STXL.US.md) - [STXU.US](https://longbridge.com/en/quote/STXU.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md) - [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md) - [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md) - [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [8035.JP](https://longbridge.com/en/quote/8035.JP.md) - [6857.JP](https://longbridge.com/en/quote/6857.JP.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [ARM.US](https://longbridge.com/en/quote/ARM.US.md) - [ASML.US](https://longbridge.com/en/quote/ASML.US.md) - [TER.US](https://longbridge.com/en/quote/TER.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) - [TOELY.US](https://longbridge.com/en/quote/TOELY.US.md) ## Related News & Research - [CORZ Stock Alert: Core Scientific Strikes AI Infrastructure Deal With AMD](https://longbridge.com/en/news/294105050.md) - [CBRS Stock Alert: What to Know as Cerebras Teams Up With AMD](https://longbridge.com/en/news/293768646.md) - [Intel earnings arrive as chip stocks continue to wobble](https://longbridge.com/en/news/293656996.md) - [Powertech says it is on track to ship for AMD soon](https://longbridge.com/en/news/294091001.md) - [Nvidia's Potential $250 Billion OpenAI Financing Deal Is Reviving a 1990s Tech Bubble Habit, Analyst Warns: 'Usually Don't End Well'](https://longbridge.com/en/news/294077412.md)