The US stock market officially opened, with the three major indices opening slightly higher: the Dow Jones Industrial Average opened up 0.08%, the S&P 500 opened up 0.2%, and the Nasdaq Composite also opened up 0.2%.


At the individual stock level, sector divergence is clear: memory chip giant Micron Technology opened up over 6%. On the news front, the company plans to expand its investment scale in the US to over $250 billion by 2035, with long-term industry layout expectations driving the stock price higher; Qualcomm opened up 1.9%, with the chip sector sentiment leaning positive.
On the other hand, Meta Platforms weakened during the session, opening down 3.4%. The market is focusing on its new move to start mass production of its self-developed AI chips in September, with funds showing divergence and betting in advance.$BTC #特朗普宣布美伊停火结束
BTC1.74%
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VineGeometry
· 4h ago
The divergence among chip stocks is quite interesting. Micron surged on its bet on domestic manufacturing, while Meta was dumped by funds due to its self-developed AI chips. Market logic can sometimes be quite counterintuitive.
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