24H | Big Techs Sink; Chip Stocks Slide with SOXL Down 4%; ARM, AMD, Broadcom Down Around 2%; SpaceX Drops Another 3%

TigerJun 22, 2026 12:18 AM

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Big tech stocks sank in overnight trading after tensions flared up between the U.S. and Iran even as the two sides met in Switzerland to hammer out a permanent peace deal.

SMCI, AMD down around 2%; Oracle, Alphabet, Tesla down over 1%.

Chip stocks slid in overnight trading. SOXL down 4%; Wolfspeed, Cerebras Systems, Credo, ARM, AMD, Broadcom down around 2%; ASML, Nvidia down over 1%.

SpaceX dropped another 3.37% in overnight trading after a 3.6% decline in prior trading session.

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