US stock market opens on a "Black Thursday", with Nvidia down nearly 4%, while SanDisk, AMD, Qualcomm and others plunge over 10%.

According to data from the BIT Stock Platform, at the opening of U.S. stock trading, Qualcomm opened down 14%, marking its worst single-day performance since 2020. The Philadelphia Semiconductor Index fell 5%. Tesla’s decline widened to 5%, Nvidia dropped over 3%, and AMD fell more than 10%. The semiconductor and storage, crypto concept, and optical communication sectors all posted widespread losses. Semiconductor and storage: Seagate Technology (STX) fell 9.68%, Western Digital (WDC) dropped 9.09%, SanDisk (SNDK) declined 10.70%, Micron Technology (MU) fell 6.77%, Nvidia (NVDA) was down 3.78%, Intel (INTC) fell 5.83%, and Advanced Micro Devices (AMD) dropped 10.79%. Crypto concept: Strategy (MSTR) fell 3.50%, Coinbase (COIN) declined 2.28%, Circle (CRCL) dropped 5.16%, BitMine (BMNR) fell 3.64%, and SharpLink (SBET) was down 4.43%. Optical communication: FOTO (FOTO) fell 6.82%, Marvell Technology (MRVL) dropped 7.31%, Applied Optoelectronics (AAOI) declined 9.85%, Lumentum (LITE) fell 8.11%, Coherent (COHR) dropped 8.38%, Ciena (CIEN) was down 8.43%, Fabrinet (FN) fell 7.95%, and AXT (AXTI) dropped 12.11%.