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● Sandisk, Seagate and Western Digital also tumbled during the session.
● Apple edged higher while all but seven of 75 S&P 500 tech stocks closed lower.
Aehr Test Systems (NASDAQ:AEHR), a maker of semiconductor-test equipment, closed Friday, October 16, 2026, at $60.60, down 12.44% on the session. The decline was tied directly to the day’s most consequential theme for technology investors: a sustained and deepening selloff in semiconductor shares. As …
Shares of Bitzero Holdings Inc. (NASDAQ:AIBZ) finished sharply lower in Friday’s US session, closing at $2.33, a decline of 15.27% on the day. The move placed the bitcoin-mining micro-cap among the session’s steeper decliners and fit a broad pattern of weakness across crypto-linked equities …
● All 30 PHLX Semiconductor Index members fell, and the index closed at 11,137.29.
● No Amazon-specific announcement was cited for the decline.
● China concerns surfaced across chips, though no specific competitor was singled out for Arm.
Arqit Quantum Inc. (NASDAQ:ARQQ) declined on Friday, October 16, 2026, closing at $14.02, down 11.82% on the day. The quantum-encryption company fell alongside other quantum and high-growth technology names in a session that was unfavorable to long-duration, speculative shares. The decline reflects that sector …
● Reports cited the broad chip selloff rather than any Broadcom-specific announcement.
● The company pairs Taser devices and body cameras with growing cloud software and AI tools.
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