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Why AMD, Qualcomm, and Skyworks Solutions Stocks Just Crashed

Why AMD, Qualcomm, and Skyworks Solutions Stocks Just Crashed

Stocks are getting rocked amid multiple bearish catalysts on Thursday, and leading semiconductor companies are participating in the sell-off. Shares of Advanced Micro Devices (NASDAQ: AMD), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were down 3.5%, 4.3%, and 5.4%, respectively, as of 1:15 p.m. ET. Meanwhile, the tech-heavy Nasdaq Composite index was down roughly 4.6%.