{"id":345131,"date":"2026-06-23T17:25:20","date_gmt":"2026-06-23T21:25:20","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345131"},"modified":"2026-06-23T17:25:24","modified_gmt":"2026-06-23T21:25:24","slug":"chips-sell-off-hits-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/chips-sell-off-hits-markets\/","title":{"rendered":"Chips sell-off hits markets"},"content":{"rendered":"\n

Overnight selling of the semis stocks in Asia swept across New York and Toronto markets on Tuesday. There were sharp losses in the chipmakers, led by Nvidia<\/a> at -4.13%, Intel<\/a> -6.14% and Sandisk<\/a> -13.64%. In contrast, GE Healthcare<\/a> jumped 5.08% and IBM<\/a> 5.04%. The S&P closed -1.44, the Nasdaq -2.21% and the Dow -0.09%. Bitcoin<\/a> slid over\u00a03% to US$62,400. The U.S. 10-year yield held just under 4.5%.<\/p>\n\n\n\n

Toronto fared better by slipping 0.21% or 74 points. Staples and telcos led eight sectors higher, while materials lagged the most. Heavy hitters included Alimentation Couche-Tard<\/a>, jumping 11.68%, TC Energy<\/a> 1.88%, CNQ<\/a> -1.57%, Hudbay Minerals<\/a> -8.81% and Open Text<\/a> 6.1% as several software names rebounded. Silver fell 5.4% to US$61.45, gold declined US$80 to US$4,110 and WTI crude -0.66% to US$4,110.<\/p>\n\n\n\n

💾 NVIDIA Corporation (NVDA)<\/a> -4.13%<\/p>\n\n\n\n

💾 Intel (INTC)<\/a> -6.14%<\/p>\n\n\n\n

💾 Sandisk Corp (SNDK)<\/a> -13.64%<\/p>\n\n\n\n

👨‍⚕️ GE HealthCare Technologies Inc (GEHC)<\/a> +5.08%<\/p>\n\n\n\n

💾 IBM Common Stock (IBM)<\/a> +5.04%<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD) (BTC-USD)<\/a> -3%<\/p>\n\n\n\n

🍱 Alimentation Couche-Tard (ATD.TO)<\/a> +11.68%<\/p>\n\n\n\n

🛢 TC Energy (TRP.TO)<\/a> +1.88%<\/p>\n\n\n\n

🛢 Canadian Natural Rsrcs (CNQ.TO)<\/a> -1.57%<\/p>\n\n\n\n

⛏ Hudbay Minerals (HBM.TO)<\/a> -8.81%<\/p>\n\n\n\n

💾 Open Text (OTEX.TO)<\/a> +6.1%<\/p>\n","protected":false},"excerpt":{"rendered":"

Overnight selling of the semis stocks in Asia swept across New York and Toronto markets on Tuesday. There were sharp losses in the chipmakers, led by Nvidia at -4.13%, Intel -6.14% and Sandisk -13.64%. In contrast, GE Healthcare jumped 5.08% […]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345131"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345131\/revisions"}],"predecessor-version":[{"id":345132,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345131\/revisions\/345132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}