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● Reports counted an eighth or ninth straight decline; one called it the longest since 2008.
● No company-specific negative news was cited; the software and cloud giant moved with its sector.
● MSCI is due to publish its final list of affected companies on November 11.
● 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.
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