On June 10, Silicon Motion Technology fell 5.33% in regular trading, trading at approximately $250.34/share, with trading volume of $73.98 million.

On the news front, the semiconductor sector continues to extend its adjustment triggered by the stronger-than-expected US May non-farm payroll data, which showed 172,000 new jobs added versus market expectations. Markets have now fully priced in a 25-basis-point Fed rate hike by December, with approximately 60% probability assigned to an October hike. The tightening liquidity outlook is weighing heavily on high-valuation technology stocks.

Silicon Motion had previously rallied on its COMPUTEX 2026 showcase of AI-optimized storage solutions spanning edge SSDs, enterprise-grade SSDs, and automotive applications, alongside Q1 earnings that doubled year-over-year with raised guidance. However, since June 4 the stock has pulled back over 15%, as macro headwinds override fundamental catalysts. Within the semiconductor sector, Marvell Technology fell 12.39%, Advanced Micro Devices fell 6.92%, Micron Technology fell 6.87%, Intel fell 6.4%, and NVIDIA fell 2.93%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)