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U.S. Storage Chip Stocks Drop 9.1% on July 28; Philadelphia Semiconductor Index Falls 4.4%

2026-07-28 20:04:02

NDAQ2.19%

STX-8.58%

On July 28, U.S. storage chip stocks dropped 9.1% in preliminary trading, with the Philadelphia Semiconductor Index declining 4.4%. The Nasdaq-100 Index fell 1%, while the S&P 500 Index rose 0.2%. Among Nasdaq-100 components, SanDisk led declines with a 13.8% drop, followed by Nebius Group at 10.5% and Seagate Technology at 9.1%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Memory Sector Stocks Decline Up to 6.92% in Pre-Market Trading on July 28

Nasdaq 100 Futures Down 1% on July 28, Tesla and Nvidia Each Decline 1%

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