Dow Jones Holds Steady as Memory Chip Stocks Continue to Decline
The Dow Jones Industrial Average held a minimal decline of 0.1% while memory chip stocks continued their sell-off, impacting broader tech-heavy indexes like the Nasdaq Composite and S&P 500 more significantly. Taiwan Semiconductor Manufacturing's (TSM) increased capital expenditure plans triggered further losses in semiconductor companies such as SK Hynix, Micron Technology, Nvidia, and Broadcom.
Tickers: $AVGO $MU $NVDA $SKHYV $TSM