The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign InAmid mounting pressure on the global technology sector, major semiconductor stocks experienced a significant pullback during Monday morning trading. Intel shares dropped 4% to $104.97, followed by a similar decline in Advanced Micro Devices (AMD) which fell to $533.58. Applied Materials shares also recorded a 4% decline to $581, as part of a broader selloff that included SK Hynix, triggered by a spike in oil prices and sector-wide volatility.
This slump follows disappointing results from Samsung earlier in the cycle, which raised concerns regarding the sustainability of chip demand. In comparison to peers, Nvidia (NVDA) closed at $208.59 per market data on July 13, 2026, while TSMC (TSM) had closed at $434.11 on July 10, 2026. Analysts suggest that energy price fluctuations are increasing operational costs at major fabrication hubs, weighing on profit margins for equipment manufacturers like AMAT.
Looking at current technical levels, INTC is trading near its July 10, 2026 low of $107.45, while AMD remains under pressure after its previous close of $557.89. Investors should monitor broader market sentiment, as the economic calendar shows no major direct catalysts for the semiconductor sector in the coming seven days, leaving price action sensitive to energy costs and macro headlines.