Nasdaq Dips as AMD Leads Chip Sector Pullback

Hyperdash News08/05/2026 15:28 UTCEquities

The Nasdaq briefly turned negative today, driven by a pullback in the chip sector. Advanced Micro Devices (

Advanced Micro Devices, Inc.) stock contributed to this decline, leading the broader semiconductor industry lower.

This dip follows a period of strong performance for technology stocks. The chip sector has seen significant gains recently, making today's reversal a notable shift. On Hyperdash,

Nasdaq 100 has moved -0.01% and

Advanced Micro Devices, Inc. has moved +0.17% since the news.

Sources

MarketWatch

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