U.S. Storage Chip Index Falls 6.96% to 213.87 Points on July 14

On July 14, the U.S. storage chip and semiconductor supply chain index fell 6.96% to 213.87 points, marking the day's steepest decline among major technology sectors.

Other key indices also retreated: U.S. hyperscaler cloud service stocks dropped 1.01% to 93.03 points, the information technology index fell 4.60% to 405.46 points, and the AI winners index declined 4.36% to 402.62 points. The Magnificent 7 technology stocks index lost 0.94% to close at 215.76 points.