[U.S. Major Stock Indexes Open Lower, Chip Stocks See Broad Decline After Several Days of Gains] Golden Finance reports that on May 12, the Dow Jones Index fell 0.04%, the S&P 500 Index fell 0.35%, and the Nasdaq Composite Index fell 0.73%. Chip stocks broadly declined, with Micron Technology down 3%, AMD down 2%, Intel down 4%, and Qualcomm down 4%. Under Armour's stock price dropped 15%, as the company's revenue for fiscal year 2026 decreased by 4% year-over-year to $5 billion.