The Nasdaq Composite Index pulls back below 26,000 points, with chip and semiconductor stocks collectively declining.
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Glonghui May 12|The Nasdaq Composite Index fell below 26,000 points, currently at 25,999.41 points, dropping 1.05% for the day. Chip and semiconductor stocks declined across the board: NVIDIA shares fell 0.6%, TSMC dropped 2.67%, Broadcom slid 1.52%, Micron Technology tumbled 6.08%, AMD lost 3.06%, Intel dropped 7.01%, and ASML fell 3.63%.
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