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A number of stocks fell in the morning session after the U.S. government announced new tariffs of 10% to 12.5% on 60 trading partners over concerns related to forced labor. The targeted nations include the European Union, Japan, South Korea, and Taiwan—the fundamental pillars of the global semiconductor supply chain. While the U.S. designs many of the world's leading chips, the industry relies heavily on imported specialty chemicals, raw silicon wafers, and multi-million-dollar fabrication equip

Investing.com -- The Wednesday selloff in U.S. chip shares extended into Thursday’s premarket trading as lofty valuations and heavy AI spending by tech companies weigh on investor sentiment.

In late June 2026, Allegro MicroSystems was removed from several Russell value benchmarks and added to multiple Russell growth benchmarks, while also appointing veteran semiconductor executive Brian C. White as an independent director and audit committee financial expert. This combination of a formal shift into growth-focused indices and added board-level financial expertise highlights how investors increasingly view Allegro as a growth-oriented semiconductor business tied to automotive...

A number of stocks fell in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.

A number of stocks fell in the afternoon session after a broad-based sell-off hit the semiconductor sector following news of a potential strike at Samsung and a stake sale by Taiwan Semiconductor Manufacturing (TSMC), which rattled global chip supply chains.

Allegro MicroSystems beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period.