Nasdaq Slides as Sandisk, SK Hynix Plunge; TSMC Hits Sell Rule
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- Nasdaq slid as AI and chip-sector worries dragged on semiconductor names, according to Investor's Business Daily's breaking coverage
- Sandisk and SK Hynix both plunged, while TSMC hit a sell rule, per the headline framing of the selloff
Why it matters: A simultaneous plunge across memory-chip names (Sandisk, SK Hynix) and a TSMC sell rule signals broad-based semiconductor weakness driven by the AI narrative turning cautious, not a single-stock story.
