US tech stocks erase $1.3 trillion at open in 30 minutes
US technology stocks fell sharply at the open, erasing $1.3 trillion in market value within 30 minutes. Dozens of names declined 10 percent or more. The Nasdaq 100 dropped 4 percent intraday.
Notable declines
- SanDisk, SNDK: -15%
- Western Digital, WDC: -13%
- Nebius, NBIS: -13%
- AMD, AMD: -12%
- Seagate, STX: -12%
- Qualcomm, QCOM: -10%
- Micron, MU: -10%
- Tesla, TSLA: -10%
- Dell, DELL: -10%
- Arm, ARM: -10%
- Marvell Technology, MRVL: -10%
- CrowdStrike, CRWD: -10%
- Intel, INTC: -9%
- CoreWeave, CRWV: -8%
- Palantir, PLTR: -8%
- SpaceX, SPCX: -7%
- TSMC, TSM: -7%
- Nvidia, NVDA: -5%
- Broadcom, AVGO: -5%
- Oracle, ORCL: -5%
Authors credited by the source: thekobeissiletter
Published by Holder based on an external source.
