Chip stocks sell-off for second straight day on Wall Street, Alphabet drags Dow Jones down

Chip stocks from AMD to Micron, Intel, the ADRs of SK Hynix and stocks of Sandisk and Western Digital fell between 5.5% to as much as 13.5% overnight. Shares of Micron are down 13% over the last two sessions, while those of Sandisk, Western Digital and the ADRs of SK Hynix are down between 20% to 22% across Wednesday and Thursday.

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