On Thursday, chip concept stocks experienced a broad-based decline. At the time of writing, NVIDIA (NVDA.US) was down more than 1.7%, Advanced Micro Devices (AMD.US) fell over 2%, and Micron Technology (MU.US) dropped 2.8%. Oracle (ORCL.US) declined more than 3%, Broadcom (AVGO.US) was down over 2.9%, and ASML Holding NV (ASML.US) fell more than 2.8%.