[Philadelphia Semiconductor Index Drops 5%, Intel Falls Nearly 7%] According to Bybit data, the Philadelphia Semiconductor Index dropped 5%, Marvell Technology (MRVL.O) fell over 7%, Arm (ARM.O) and Intel (INTC.O) fell nearly 7%, Micron Technology (MU.O) dropped 5.7%, and NVIDIA (NVDA.O) fell over 2%.