TREE NEWS reports: The US memory chip and hardware supply chain index fell 8.04% to 162.69 points on Friday, October 30, bringing its October decline to 24.77%. The index slid steadily from October 6 to 16 and held roughly flat near 170 points from October 15 to 29. All constituents fell Friday, with SanDisk down 13.47%, while Seagate, SK Hynix ADR, Applied Materials, Western Digital and Teradyne dropped 7.98%-7.38%.
US memory chip index falls 24.77% in October; drops 8.04% Friday
The pattern here is more telling than the monthly figure: a steady slide through mid-October, a two-week plateau near 170, then a broad single-day break below that floor with every constituent selling off together. That kind of synchronized move across storage, memory and equipment names points to a sector-wide repricing rather than company-specific news. For RWA and tokenized-equity watchers, hardware-supply-chain exposure is often the least liquid and most sentiment-driven corner of the market, so this drawdown matters as a risk signal. Whether the index stabilizes above the prior plateau or continues to probe lower is the open question.
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