According to CoinMeta, on Tuesday, Micron ( MU ) and other chip stocks experienced a pullback during the sluggish period of summer, with the overall market reversing from the strong gains seen on Monday, causing investors to feel shaken. Stocks that fell, including Micron and other memory stocks, as well as Nvidia ( NVDA ) and other AI chip manufacturers, were also affected. The Philadelphia Semiconductor Index ( SOX ) fell by more than 5% during the afternoon trading session of the stock market.