The Philadelphia Semiconductor Index drops by 1.7%

Navitas Semiconductor fell 5.1%, Lumentum fell 4.3%, Coherent fell 4%, a certain exchange holding company fell 3.6%, Seagate Technology fell 3%, Applied Materials, Texas Instruments, ON Semiconductor, and AMD each fell at least 1.6%, Micron Technology fell 1.4%, TSMC fell 0.7%, NVIDIA fell 0.2%, Synopsys rose 0.9%, Nlight rose 1.2%, Wolfspeed rose 6.5%, MKSI rose 6.8%, MTSI rose 10.8%.