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      U.S. Semiconductor Stocks Decline Amid Sector Weakness

      U.S. semiconductor stocks experienced a significant decline as selling pressure affected the entire chip sector. Major companies in the industry reported notable losses, with Marvell Technologies falling by 4.2%, Advanced Micro Devices (AMD) and Intel both declining by 3.0%, and Applied Materials decreasing by 3.2%.

      Nvidia, a key player in the graphics processing unit market, saw a smaller drop of 1.1%, while Broadcom's shares fell by 0.8%. This widespread weakness reflects challenges faced by companies involved in artificial intelligence chips, semiconductors, and related equipment manufacturing.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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