Chip Sector Sell-Off and Netflix Earnings Impact Markets

The chip sector experienced a significant sell-off, led by concerns over increased spending forecasts from TSMC. Meanwhile, Netflix's stock dropped more than 11% in extended trading due to disappointing earnings guidance.

By Alex Harring · CNBC · July 17, 2026, 12:35 UTC

Chip Sector Sell-Off and Netflix Earnings Impact Markets

Tickers: $AMD $AMZN $MU $NFLX $SMH

Topics: Netflix earnings semiconductors tech sector sell-off

Read the full article at CNBC

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