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[Breaking] Tech Stocks Fall Across the Board in NY Market... Meta, Intel Down Over 3%; SpaceX Weak Over 2%; Nvidia and Micron Also Slide

Technology and semiconductor stocks are showing weakness across the board in the New York stock market. According to U.S. stock prices confirmed on the afternoon of the 20th (Korea time), all 10 stocks presented that day recorded declines. From representative semiconductor names such as Nvidia and M

Wooil Shim
Staff Reporter
6 min read
[Breaking] Tech Stocks Fall Across the Board in NY Market... Meta, Intel Down Over 3%; SpaceX Weak Over 2%; Nvidia and Micron Also Slide
CBC News

Technology and semiconductor stocks are showing weakness across the board in the New York stock market. According to U.S. stock prices confirmed on the afternoon of the 20th (Korea time), all 10 stocks presented that day recorded declines. From representative semiconductor names such as Nvidia and Micron Technology to large-cap platform companies like Meta, Tesla, Apple, and Amazon, the broad-based decline is adding pressure to the overall tech sector.

Semiconductor and Hardware Stocks Fall More Than 1% in Unison

Nvidia, the leading AI semiconductor stock, fell 3.29 dollars (-1.52%) from the previous session to 213.80 dollars. Trading volume was tallied at 10,479,816 shares, with a trading value of 2.251 billion dollars.

Micron Technology dropped 13.91 dollars (-1.54%) from the previous close to 890.99 dollars. It recorded a trading volume of 2,828,683 shares and a trading value of 2.512 billion dollars.

Among semiconductor stocks, Intel's decline stood out. Intel fell 2.77 dollars (-3.01%) to 89.26 dollars. AMD dropped 9.21 dollars (-1.71%) to 528.85 dollars, and SanDisk, a memory and storage-related stock, also slid 21.59 dollars (-1.57%) to 1,349.53 dollars.

Meta Posts Largest Decline at 3.13%... Large Platform Stocks Also Sluggish

Meta fell 22.10 dollars (-3.13%) from the previous session to 683.34 dollars, recording the steepest decline among the 10 stocks presented.

SpaceX dropped 4.32 dollars (-2.92%) from the previous close to 143.64 dollars. Trading volume came in at 9,779,273 shares, with a trading value of 1.418 billion dollars.

The remaining large-cap stocks posted relatively smaller declines. Amazon.com fell 1.74 dollars (-0.66%) to 260.71 dollars, and Apple declined 2.21 dollars (-0.64%) to 340.73 dollars. Although both stocks fell less than 1%, they could not escape the weak trend. Tesla dropped 2.27 dollars (-0.62%) from the previous session to 365.79 dollars. It recorded a trading volume of 3,732,748 shares and a trading value of 1.369 billion dollars.

Broad Weakness Across Semiconductors, Autos, and Platforms... Focus on Closing Direction

The day's declines were not limited to a specific sector. Notably, drops occurred simultaneously across multiple sectors, including large-cap tech, semiconductors, automobiles, and online platforms. However, the causes of individual stock declines or whether selling pressure is broadening across the market as a whole are difficult to determine from these price movements alone.

As major tech stocks fall in tandem, attention is also turning to future share price trends. With intraday volatility likely to continue, market watchers are focusing on whether the current declines will hold until the closing bell.

[This article is intended to provide information for investment reference and does not recommend the purchase or sale of any specific stock. Conditions may vary depending on market circumstances. Investment decisions and the responsibility for them rest with the investor. AI provided some assistance.]

Wooil Shim
Staff Reporter

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