Chip Stocks Fall After Remarks on Supply Chain Concerns and Their Impact on the Nasdaq

Semiconductor stocks fell sharply on Thursday after remarks by the CEO of LAM Research about supply chain concerns. Arabic coverage said it was the Nasdaq's worst day since June, after which U.S. stock futures stabilized.

AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works

• Sources attributed the decline to remarks by LAM Research CEO Tim Archer, who pointed to supply chain concerns.

  «Semiconductor stocks were in focus on Thursday as the sector fell sharply after LAM Research CEO Tim Archer cited supply chain concerns.»

  Stocktwits
• The sources named specific stocks of interest: SLV, GLD, SOXL and BE.

  «Nasdaq Futures Rise After Chip Selloff While S&P 500, Dow Track Mixed Open: SLV, GLD, SOXL, BE In Focus»

  Stocktwits
• The S&P 500 and Dow Jones indices were mixed at the start of trading after chip stocks declined.

  «وتتباين مؤشرات S&P 500 وداو جونز في بداية التداول.»

  Stocktwits
• Arabic coverage described the day as the Nasdaq's worst since June, with U.S. stock futures stabilizing afterward.

  «عقود الأسهم الأمريكية تستقر بعد أسوأ يوم لناسداك منذ يونيو»

  investing.com

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