Stock Track | SMIC Plummets 9.56% Intraday as Chipmakers Retreat from Record Highs

Stock Track

Jul 02

SMIC's stock plummeted 9.56% during intraday trading on Thursday, marking a significant decline for the semiconductor manufacturer.

The sharp drop was part of a broad selloff in the chipmaking sector, with the CSI Semiconductor Index plunging 6.8% in its biggest one-day decline since October 2025. Chipmakers including SMIC tumbled from recent record highs amid market rotation and profit-taking activity.

Analysts noted that technology stocks cooled sharply as markets underwent a period of rotation following a strong rally, with the semiconductor index having surged 112% year-to-date before the pullback. Some market observers suggested the current retreat might offer a favorable entry point for medium- to long-term positioning in the sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1158627917"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1158627917\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1158627917?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-02 13:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1158627917","market":"nz","top_or_hot":-1,"title":"Stock Track | SMIC Plummets 9.56% Intraday as Chipmakers Retreat from Record Highs","media":"Stock Track","content":"<p>SMIC's stock plummeted 9.56% during intraday trading on Thursday, marking a significant decline for the semiconductor manufacturer.</p><p>The sharp drop was part of a broad selloff in the chipmaking sector, with the CSI Semiconductor Index plunging 6.8% in its biggest one-day decline since October 2025. Chipmakers including SMIC tumbled from recent record highs amid market rotation and profit-taking activity.</p><p>Analysts noted that technology stocks cooled sharply as markets underwent a period of rotation following a strong rally, with the semiconductor index having surged 112% year-to-date before the pullback. Some market observers suggested the current retreat might offer a favorable entry point for medium- to long-term positioning in the sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SMIC Plummets 9.56% Intraday as Chipmakers Retreat from Record Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SMIC Plummets 9.56% Intraday as Chipmakers Retreat from Record Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-02 13:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SMIC's stock plummeted 9.56% during intraday trading on Thursday, marking a significant decline for the semiconductor manufacturer.</p><p>The sharp drop was part of a broad selloff in the chipmaking sector, with the CSI Semiconductor Index plunging 6.8% in its biggest one-day decline since October 2025. Chipmakers including SMIC tumbled from recent record highs amid market rotation and profit-taking activity.</p><p>Analysts noted that technology stocks cooled sharply as markets underwent a period of rotation following a strong rally, with the semiconductor index having surged 112% year-to-date before the pullback. Some market observers suggested the current retreat might offer a favorable entry point for medium- to long-term positioning in the sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00981","symbol_name":"中芯国际","start_time":0,"source_url":"","article_id":"1158627917","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158627917","pubTimestamp":1782969044,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SMIC's stock plummeted 9.56% during intraday trading on Thursday, marking a significant decline for the semiconductor manufacturer.The sharp drop was part of a broad selloff in the chipmaking sector,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00981":"中芯国际"},"translate_title":"个股赛道|中芯国际盘中暴跌9.56%芯片厂商从历史高位回撤","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00981":1},"content_text":"SMIC's stock plummeted 9.56% during intraday trading on Thursday, marking a significant decline for the semiconductor manufacturer.The sharp drop was part of a broad selloff in the chipmaking sector, with the CSI Semiconductor Index plunging 6.8% in its biggest one-day decline since October 2025. Chipmakers including SMIC tumbled from recent record highs amid market rotation and profit-taking activity.Analysts noted that technology stocks cooled sharply as markets underwent a period of rotation following a strong rally, with the semiconductor index having surged 112% year-to-date before the pullback. Some market observers suggested the current retreat might offer a favorable entry point for medium- to long-term positioning in the sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}