[U.S. Semiconductor Stocks See Largest Intraday Drop in Over a Year] Jin10 News, May 13 – U.S. semiconductor stocks, which have been surging, faced one of their toughest trading days of the year on Tuesday, with some of the market's best-performing stocks experiencing dramatic reversals. Broadcom (AVGO.O), Intel (INTC.O), and Micron Technology (MU.O) were among the five worst-performing stocks in both the S&P 500 Index and the Nasdaq 100 Index. The Philadelphia Semiconductor Index, which has risen more than 60% year-to-date, fell as much as 6.8% intraday, marking its largest intraday drop in over a year, before closing down 3%. Nearly all component stocks ended lower, with Qualcomm (QCOM.O) leading the decline with an 11.4% drop. The only stock to close higher was Nvidia (NVDA.O), which has underperformed the sector overall this year. Murphy, co-head of derivatives strategy at Susquehanna International, commented: "The historic rally in chipmakers cannot go on forever. This sell-off was long overdue after such a stunning rise, but given the market's persistent FOMO sentiment, this pain may not last long."