Semiconductor Stocks Fall as US Treasury Yields Top 5.1%

Key Facts

1Shares of Microchip Technology, Skyworks Solutions, and Universal Display fell as the 10-year U.S. Treasury yield rose above 5.1%.

2Concerns over future supply competition from Samsung and expanded short positions by Michael Burry contributed to the sector decline.

Shares of Microchip Technology, Skyworks Solutions, and Universal Display fell as the 10-year U.S. Treasury yield rose above 5.1%. Yahoo Finance reported that the sector decline was driven by concerns over future supply competition from Samsung and expanded short positions by Michael Burry.

MCHP closed at $75.53 on September 23, 2026, while SWKS closed at $91.45 on the same date. OLED recorded a close of $76.71 on September 23, 2026, as rising bond yields typically pressure technology valuations by discounting the present value of future earnings.