U.S. chip stocks fell before the market opened, with Intel down 7.6%
According to Gate market data, U.S. chip stocks generally fell before the market opened, with Intel (INTC.O) down 7.6%, AMD (AMD.O) down more than 6%, Qualcomm (QCOM.O) down 5.4%, and TSMC (TSM.N) down more than 4%. Baidu (BIDU.O), Broadcom (AVGO.O), and NVIDIA (NVDA.O) all fell by about 3%.
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