The Philadelphia Semiconductor Index fell 5.02%, with multiple AI hardware concept stocks plummeting

The Philadelphia Semiconductor Index fell 5.02%. Nvidia's stock price fell by 4.03%, TSMC's stock price fell by 3.47%, Broadcom's stock price fell by 2.02%, SK Hynix's stock price fell by 9.73%, Micron Technology's stock price fell by 6.97%, AMD's stock price fell by 8.51%, ASML's stock price fell by 7.3%, Intel's stock price fell by 5.38%, Panlin Group's stock price fell by 7.45%, and ARM's stock price fell by 3.02%. Micron Technology fell 6.94%, SK Hynix fell 9.39%, SanDisk fell 13.79%, Western Digital fell 9.28%, Seagate Technology fell 8.09%, and Kaixia ADR fell 6.65%.