SanDisk, Seagate, Western Digital Down 31–36% Since Mid-June Peak on July 7

According to BlockBeats citing BIT market data, storage chip stocks fell sharply on Tuesday, July 7, as U.S. equities opened and closed lower. The Philadelphia Semiconductor Index declined over 6%, with SanDisk down 36% from its peak two weeks ago, Western Digital down 35%, Seagate down 31%, and Micron down 28%.

The storage sector extended losses as part of the broader semiconductor selloff on the trading session.

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