WS #12941
Nasdaq-100 near correction; SanDisk -14%, Micron -8.85%, AMD -8.15% as chip stocks continue to slide. Leveraged ETFs tied to SK Hynix hammered. Teradyne Q2 EPS $2.47 vs $2.09 est, Q3 guidance well above consensus; stock rises 14.6% after-market, providing a bullish counter-signal in AI/semiconductor space.
Semiconductor selloff deepens
Nasdaq-100 near correction; SanDisk -14%, Micron -8.85%, AMD -8.15% as chip stocks continue to slide. Leveraged ETFs tied to SK Hynix hammered.
Teradyne Q2 EPS $2.47 vs $2.09 est, Q3 guidance well above consensus; stock rises 14.6% after-market, providing a bullish counter-signal in AI/semiconductor space.