Chip Stocks Drag Down Nasdaq; PayPal Rises on Stripe Takeover Bid

The Nasdaq Composite Index fell 1.40% for the week as semiconductor stocks continued to decline, with Intel and AMD among those affected. Meanwhile, PayPal saw a boost in performance due to a takeover bid from Stripe.

By Nivedita Hazra, SA News Editor · Seeking Alpha · July 17, 2026, 20:15 UTC

Chip Stocks Drag Down Nasdaq; PayPal Rises on Stripe Takeover Bid

Tickers: $AMD $INTC $PYPL

Topics: Nasdaq Composite semiconductors technology stocks

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