Chip Stocks Drop With SOXL Down 11%; SanDisk, WOLF, WDC Down 6%; CRDO, SMTC, MU, MRVL, AMAT, AMD Down 5%

TigerJul 17, 2026 8:06 AM

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Chip stocks drop in premarket trading. Direxion Daily Semiconductors Bull 3x Shares fell 11%; Himax fell 7%; SanDisk Corp., Wolfspeed Inc., Western Digital, United Microelectronics fell 6%; Credo Technology Group Holding Ltd, Semtech, Micron Technology, Marvell Technology, Applied Materials, Advanced Micro Devices fell 5%; Intel, ARM Holdings, Lam Research fell 4%.

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