Business

Tech Sector Suffers Major Losses

Updated 2026-06-05 21:15 UTC 1 source Negative

The chip sector experienced its worst day in six years, with Marvell and Micron shares tumbling. Investors are reassessing momentum stocks following a strong jobs report.

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MarketWatch

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years

Investors are cooling on momentum stocks and considering the implications of a strong jobs report.

2026-06-05 21:03 UTC