SanDisk, Intel, and SK Hynix led a broad semiconductor decline with shares plunging up to 8% amid renewed macro fears around AI hardware spend sustainability.

SanDisk, Intel, and SK Hynix led a broad semiconductor decline with shares plunging up to 8% amid renewed macro fears around AI hardware spend sustainability.

Coordinated selling across storage, CPU, and memory manufacturers indicates institutional investors are front-running potential capex cuts or order deferrals across the entire AI hardware stack.