Geopolitics Alpha

Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom

Published . Updated .

Key takeaways

  • Exposed: SMH, SOXX, AVGO, ASML, NVDA
  • Market reaction: SOXX +3.1% on the day (still updating); SMH +2.4% on the day (still updating); AMD +4.5% on the day (still updating)

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SEMICONDUCTORSStock Market Today: Dow FuturesDrop as Apple Sinks AfterEarnings; Chip Stocks Rebound as…AAPLAMDGEOPOLITICS ALPHA

This report is about semiconductors.

Directly affected

  • AAPL Apple+0.6% 30d

    Named in this report.

  • AMD Advanced Micro Devices-25.2% 30d

    Named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-16.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF-20.8% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • ASML ASML Holding N.V-0.1% 17d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • NVDA Nvidia-11.7% 30d

    Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • TSM Taiwan Semiconductor Manufacturing-11.9% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • AVGO Broadcom-11.6% 30d

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AAPL+2.48%+3.04%base-2.48%after closeafter closeafter close
AMD+20.01%+21.38%base+4.53%after closeafter closeafter close
SMH+9.78%+10.54%base+2.37%after closeafter closeafter close
SOXX+12.64%+13.25%base+3.12%after closeafter closeafter close
ASML+7.22%+9.85%base+2.49%after closeafter closeafter close
NVDA+7.75%+5.68%base+2.65%after closeafter closeafter close
TSM+9.59%+8.27%base+1.62%after closeafter closeafter close
AVGO+6.21%+7.02%base+3.23%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom Yahoo Finance

Source: Yahoo Finance

The price since 3 Nov 2026: Vaneck Etf Trust (SMH) versus the S&P 500

CompanyWhenMoveStatus
AAPLthat day-2.48%still updating
AAPLthree days earlier+3.04%final price
AAPLfive days earlier+2.48%final price
Advanced Micro Devices (AMD)that day+4.53%still updating
Advanced Micro Devices (AMD)three days earlier+21.38%final price
Advanced Micro Devices (AMD)five days earlier+20.01%final price
Asml Holding (ASML)that day+2.49%still updating
Asml Holding (ASML)three days earlier+9.85%final price
Asml Holding (ASML)five days earlier+7.22%final price
Broadcom (AVGO)that day+3.23%still updating
Broadcom (AVGO)three days earlier+7.02%final price
Broadcom (AVGO)five days earlier+6.21%final price
Nvidia (NVDA)that day+2.65%still updating
Nvidia (NVDA)three days earlier+5.68%final price
Nvidia (NVDA)five days earlier+7.75%final price
Vaneck Etf Trust (SMH)that day+2.37%still updating
Vaneck Etf Trust (SMH)three days earlier+10.54%final price
Vaneck Etf Trust (SMH)five days earlier+9.78%final price
Ishares Tr (SOXX)that day+3.12%still updating
Ishares Tr (SOXX)three days earlier+13.25%final price
Ishares Tr (SOXX)five days earlier+12.64%final price
TSMthat day+1.62%still updating
TSMthree days earlier+8.27%final price
TSMfive days earlier+9.59%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Vaneck Etf Trust (SMH) on one side of this semiconductors story

Companies tied to this story

  • SMH Vaneck Etf Trust

    In “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story

  • SOXX Ishares Tr

    Ishares Tr (SOXX) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom.” Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story

  • AVGO Broadcom

    In “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story

  • ASML Asml Holding

    In “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story

  • NVDA Nvidia

    In “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom,” Nvidia (NVDA) is linked, with no stored direction, medium confidence. Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story

  • AMD Advanced Micro Devices

    For “Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom,” Advanced Micro Devices (AMD) is linked, with no stored direction, medium confidence. Reason on file: Advanced Micro Devices (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story

Vaneck Etf Trust (SMH) and the semiconductors link

“Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom” (3 Nov 2026) reaches Vaneck Etf Trust (SMH) through Semiconductors.

For Vaneck Etf Trust (SMH), the reason on file says VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story

Also listed, Ishares Tr (SOXX): iShares Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story

Price levels for Vaneck Etf Trust (SMH)

AVGO traded between 319.31 and 380.84 across 20 sessions. The latest close on file is 322.42. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.

How solid the semiconductors case looks

46 out of 100Price not final

“Stock Market Today: Dow Futures Drop as Apple Sinks After Earnings; Chip Stocks Rebound as AMD Results Loom” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.