Allegro MicroSystems, Amkor, Entegris, Semtech, and Photronics Shares Plummet, What You Need To Know
Update: 2025-11-04
Description
November 4th saw a significant drop in tech stocks, particularly in the semiconductor sector, as investors reassessed company values after a period of growth. Allegro MicroSystems and other semiconductor manufacturers like Amkor, Entegris, Semtech, and Photronics experienced declines ranging from 2.6% to 4.8%. Despite Amkor's recent 4.8% drop, its shares have shown significant long-term growth, with a 40% increase since the start of the year and a near threefold increase over five years. This market adjustment has investors looking towards enterprise software companies integrating generative AI as the next big opportunities.
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