Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

Intel shares are down 4% to $104.97, with AMD down 4% to $533.58 and Applied Materials down 4% to $581 in Monday morning trading. The simultaneous declines suggest a broad risk-off move across the semiconductor complex, though no specific fundamental driver is cited in the article.

Analysis

Intel shares are down 4% to $104.97, with AMD down 4% to $533.58 and Applied Materials down 4% to $581 in Monday morning trading. The simultaneous declines suggest a broad risk-off move across the semiconductor complex, though no specific fundamental driver is cited in the article.