StocksMedium•28 September 2026•
1 min read
Semiconductor Stocks Slump as Arm and Qualcomm Lead Sector Selloff
Key Facts
1Arm shares dropped 9% to $282 amid a deepening selloff across the semiconductor sector.
2Qualcomm shares fell 6% and Marvell slid 5% as pressure mounted on the chip group.
Arm shares dropped 9% to $282 amid a deepening selloff across the semiconductor sector. 247wallst.com reported that Qualcomm shares fell 6% and Marvell slid 5% as pressure mounted on the chip group, reversing previous optimism in the industry.
QCOM closed at $201.97 on September 25, 2026, prior to the current session's decline. The synchronized drop across these major firms indicates a broad sector correction, with chip stocks experiencing significantly more selling pressure than the wider technology market according to analyst assessments.