Semiconductor stocks drop up to 7% while consumer electronics and software shares rise, led by AAPL and MSFT gains.
US technology stocks diverged sharply in today’s session, with semiconductor shares under pressure while consumer electronics and software names advanced. Micron Technology (MU) fell 7.07%, followed by AMD and Intel (INTC) declines of 5.47% and 4.16%, respectively, amid ongoing supply chain concerns.
In contrast, Apple (AAPL) rose 1.31% and Microsoft (MSFT) climbed 2.27%, reflecting strong demand for consumer devices and software solutions. The sector split highlights investor caution toward chipmakers despite broader tech resilience.
Market sentiment remains cautious on semiconductors, though analysts suggest monitoring for potential recovery signals. Software and consumer electronics stocks are seen as safer bets amid current volatility.