On July 7, Analog Devices fell 3.2% in regular trading, trading at $375.24/share, with turnover of $165 million.

On the news front, Samsung Electronics reported Q2 operating profit surging 1,810% year-over-year to 89.4 trillion won, exceeding market expectations. However, Samsung shares plunged over 8% intraday on the Korean market in a classic sell-the-news reaction, triggering a circuit breaker on the KOSPI index. The selloff rapidly spread from Asia-Pacific to European and U.S. semiconductor stocks, with intensifying concerns over the sustainability of AI capital expenditure and elevated chip sector valuations.

Analysts noted that strong earnings had already been fully priced in during the prior rally, and investors remain cautious about whether AI-driven demand can sustain current spending levels. Within the Semiconductors sector, broad weakness prevailed: Micron Technology fell 6.62%, Intel fell 8.71%, Advanced Micro Devices fell 6.77%, Marvell Technology fell 7.59%, and NVIDIA fell 1.24%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)