The tech sector (NYSEARCA:XLK) trades down 1.18%, underperforming the broad market.Semiconductors lag behind the sector with the Philadelphia Semiconductor Index down 1.96%, pulled down by (AMD -4.3%) after the concurrent processor announcement with Intel; (ON -3.3%) thanks to a general pullback; and (NVDA -3.2%) ahead of today’s aftermarket earnings.Sector gainers include (ASYS +7.6%) and (TTGT +5.8%) after earnings and TechTarget receiving a Stifel upgrade from Hold to Buy.Previously: AMD releases two models of anticipated Ryzen Threadripper processors (Aug. 10)Previously: Intel launching processors to combat AMD (Aug. 10)$