US AI hardware supply chain plunges across the board; Philadelphia Semiconductor Index falls over 7%

According to TechFlow, on November 5, based on Bitget market data, the US AI hardware supply chain experienced a collective sell-off, with the chip, storage, semiconductor equipment, and optical communication sectors seeing widespread sharp declines. The Philadelphia Semiconductor Index dropped 7.25%.

In terms of chip stocks, AMD fell 12.94%, NVIDIA fell 5.33%, TSMC fell 6.99%, Broadcom fell 5.35%, Intel fell 8.12%, Qualcomm fell 9.00%, and Arm fell 10.65%. In the storage and hard drive sector, SanDisk fell 13.77%, Western Digital fell 12.78%, Seagate Technology fell 12.74%, Micron Technology fell 10.78%, and SK Hynix fell 9.41%.

Regarding semiconductor equipment and optical communication stocks, Marvell Technology fell 10.03%, Lumentum fell 12.21%, Coherent fell 10.53%, Applied Materials fell 7.15%, Lam Research fell 8.66%, and ASML fell 5.98%.