Intel, SanDisk, AMD, Western Digital Slump Up To 6% As Chips Stocks Lead Wall Street Rout
NDTV Profit 2 hrs ago·28 Sept 2026, 5:25 pm
Shares of major semiconductor companies including Intel, SanDisk, AMD and Western Digital fell sharply on the trading day, with each losing as much as 6 percent. The drop pulled down the broader market indexes, extending a sell‑off that began earlier in the session.
The sell‑off reflects investors’ concerns about rising U.S. Treasury yields, higher oil prices and whether the recent rally in technology stocks can hold up. Because chip makers are sensitive to financing costs and global demand, any shift in these macro variables can quickly affect earnings expectations. Traders will be watching upcoming bond‑yield data, oil‑price trends and the next round of earnings reports for clues on whether the pressure on semiconductor shares will ease or intensify.
Key takeaways
- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
