[Breaking] NY Tech and Semiconductor Stocks Plunge... SpaceX Down 9%, AMD Down 8%, Only Apple Rises
Major technology and semiconductor stocks plunged across the board on the New York stock market, with Apple the only one to close higher. On the 22nd (local time), nine of the top 10 stocks by trading value on the U.S. market declined, with SpaceX, AMD, Intel, and SanDisk posting drops of 8 to 9 per
![[Breaking] NY Tech and Semiconductor Stocks Plunge... SpaceX Down 9%, AMD Down 8%, Only Apple Rises](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F09%2F609967%2F553462f1303bf5a8%2Foriginal.webp&w=1920&q=75)
Major technology and semiconductor stocks plunged across the board on the New York stock market, with Apple the only one to close higher. On the 22nd (local time), nine of the top 10 stocks by trading value on the U.S. market declined, with SpaceX, AMD, Intel, and SanDisk posting drops of 8 to 9 percent.
■ SpaceX Plunges 9.14%, Biggest Decline Among Top Stocks by Trading Value
SpaceX (SPCX) finished trading at $144.75, down 9.14% from the previous session. It recorded a trading volume of 194,119,300 shares and a trading value of $28.965 billion, marking the largest decline among the top stocks by trading value.
■ Semiconductor Stocks Correct Sharply... AMD Down 8.10%, Intel Down 8.04%, SanDisk Down 8.51%
Semiconductor stocks also saw a sharp price correction. Micron Technology closed down 6.26% at $856.49 (trading volume 31,505,392 shares, trading value $27.403 billion). Nvidia ended the session down 4.40% at $212.21, with a trading volume of 123,981,111 shares, trading value of $26.469 billion, and a market capitalization of $5.114261 trillion. AMD closed down 8.10% at $507.93, while Intel fell 8.04% to finish at $85.49, with Intel's trading volume reaching 132,498,051 shares. SanDisk, a memory and storage-related stock, also finished trading down 8.51% at $1,260.93, with a trading value of $13.038 billion.
■ Meta Down 6.98%, Amazon Down 4.57%, Tesla Down 3.08%
Large platform companies could not escape the downward trend. Meta fell 6.98% to $648.85 (trading value $26.337 billion), while Amazon dropped 4.57% to $250.38 (trading value $12.14 billion). Electric vehicle maker Tesla closed down 3.08% at $374.58, with a trading volume of 51,258,028 shares and a trading value of $19.492 billion.
■ Only Apple Rises, Closing Up 1.23% at $348.22
In contrast, Apple showed an upward trend among the major large-cap tech stocks. Apple closed at $348.22, up 1.23% from the previous session, with a trading volume of 46,454,094 shares and a trading value of $16.1 billion. Of the top 10 stocks by trading value that day, nine declined while only Apple rose.
With declines spanning major technology sectors including semiconductors, platforms, and electric vehicles, attention is focused on the size of each stock's drop and trading volume.
[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 any resulting responsibility rest with the investor. AI provided some assistance.]
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.
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