U.S. chip stocks fell sharply before the market opened, with ARM down over 10%
ChainCatcher news, according to Jinshi reports, U.S. chip stocks fell in pre-market trading, with Arm (ARM.O) and AMD (AMD.O) down over 10%; AMD (AMD.O) fell over 6%, Qualcomm (QCOM.O) fell over 5%, Broadcom (AVGO.O) fell over 8%, and Intel (INTC.O) and Micron Technology (MU.O) both fell 5.8%.