Which tech stocks fell the most today?

Micron fell 13%, while AMD, Marvell, and Qualcomm dropped between 6% and 10%.

Was NVIDIA affected by the selloff?

NVIDIA was not mentioned in the report but is likely impacted by sector sentiment.

Tech Stocks Tumble: Micron Leads Losses with 13% Drop

Semiconductor stocks that have benefited from the AI rally are experiencing a rough day, with Micron down 13% and AMD, Marvell, and Qualcomm falling between 6% and 10%.

June 23, 2026

2 min read

Source: The Wall Street Journal

Key Numbers

MU down

13%

AMD down

6-10%

MRVL down

6-10%

QCOM down

6-10%

It's a rough day for AI-related semiconductor stocks, with several major names deep in the red.

The Moves

Micron (MU): Down 13%, the biggest loser among the group.
AMD (AMD): Fell between 6% and 10%.
Marvell (MRVL): Dropped between 6% and 10%.
Qualcomm (QCOM): Declined between 6% and 10%.
NVIDIA (NVDA): Not mentioned in the report but likely affected by sector sentiment.

Possible Reasons

The report did not specify a direct catalyst, but the selloff may be attributed to profit-taking after strong year-to-date gains, or concerns about elevated valuations in the AI space.

Broader Context

AI stocks have rallied significantly in 2026, making them vulnerable to pullbacks. The semiconductor sector is sensitive to demand trends, export policies, and earnings reports.

What It Means for Investors

These moves highlight the volatility of high-growth stocks. Investors should focus on fundamentals and avoid overreacting to daily price swings.

Frequently Asked Questions

The report did not specify a direct cause, but the decline may be due to profit-taking after strong gains this year.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.