U.S. Semiconductor Stocks Plunge 10.3% on June 5, Erasing $1.3 Trillion in Single-Day Selloff

According to Dow market data, U.S. semiconductor stocks plunged on Friday (June 5), with the Philadelphia Semiconductor Index (SOX) diving 10.3% — the steepest single-day decline since March 2020. The sector shed approximately $1.3 trillion in market value. Micron (MU) dropped 13.3%, Intel (INTC) fell 11.3%, AMD declined 10.9%, and Broadcom (AVGO) slid 7.9%.
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