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#夏日创作营 US stocks during intraday trading saw the broader market under pressure and adjusting, while semiconductor storage surged higher across the board in a reverse push!
On Thursday’s intraday session in the US stock market, the sense of market fragmentation intensified further. Pressure was evident at the index level, and the Nasdaq Composite kept trading in green. Hit by negative news, Tesla plunged more than 12%, Google fell 6.5% due to the EU’s massive anti-monopoly fine, and the two major weighty stocks clearly weighed on market sentiment; Nvidia pulled back slightly and entered a period of consolidation and rest in the near term.
But in a backdrop where the indices weakened, the semiconductor sector broke through against the trend, becoming the main highlight across the board. Storage leaders rose across the board: SK hynix jumped 6.21%, Micron Technology gained 3.67%, and SanDisk closed up in sync; Lumentum, a optical communications semiconductor company, was close to a 5% gain. When the broader market was adjusting, funds actively clustered around semiconductors, fully indicating that the sector’s booming logic has been recognized by mainstream capital. The recent rise in overseas semiconductor memory storage is not just emotional speculation; it has solid industrial support. Previously, SK hynix, Micron, and Samsung continued to execute production cuts and inventory reduction strategies, effectively improving the supply-demand landscape, and spot prices for memory chips gradually stabilized and rebounded. At the same time, AI computing power continued to expand, and demand for large-capacity server storage was released steadily, with the market beginning to price in a profit recovery for storage companies ahead of time.
US stocks during intraday trading saw the broader market under pressure and adjusting, while semiconductor storage surged higher across the board in a reverse push!
Original
Aze Observes the Cycle
Aze Observes the Cycle
Aze Observes the Cycle
July 23, 2026 22:10
Guangdong
Listen to the full text
Read this chapter in the novel reader
Go to reading
Immerse yourself in reading in the novel reader
US stocks during intraday trading saw the broader market under pressure and adjusting, while semiconductor storage surged higher across the board in a reverse push. On Thursday’s intraday session in the US stock market, the sense of market fragmentation intensified further. Pressure was evident at the index level, and the Nasdaq Composite kept trading in green. Hit by negative news, Tesla plunged more than 12%, Google fell 6.5% due to the EU’s massive anti-monopoly fine, and the two major weighty stocks clearly weighed on market sentiment; Nvidia pulled back slightly and entered a period of consolidation and rest in the near term. But in a backdrop where the indices weakened, the semiconductor sector broke through against the trend, becoming the main highlight across the board. Storage leaders rose across the board: SK hynix jumped 6.21%, Micron Technology gained 3.67%, and SanDisk closed up in sync; Lumentum, a optical communications semiconductor company, was close to a 5% gain. When the broader market was adjusting, funds actively clustered around semiconductors, fully indicating that the sector’s booming logic has been recognized by mainstream capital. The recent rise in overseas semiconductor memory storage is not just emotional speculation; it has solid industrial support. Previously, SK hynix, Micron, and Samsung continued to execute production cuts and inventory reduction strategies, effectively improving the supply-demand landscape, and spot prices for memory chips gradually stabilized and rebounded. At the same time, AI computing power continued to expand, and demand for large-capacity server storage was released steadily, with the market beginning to price in a profit recovery for storage companies ahead of time.
Key capital-flow signals revealed by the market
1、Shift in capital style: Avoiding high-level giants exposed to negative news disturbances, and positioning for a sector of boom reversal—recently, Tesla and Google have both run into negative catalysts one after another. Funds began to sidestep large platform companies with uncertainty, with capital continuously flowing into semiconductor cycle sector names whose fundamentals are turning at an inflection point. Boom/sector strength has become the most important stock-picking yardstick in overseas markets right now.
2、Storage market trading shifted from short-term pulses to trend positioning: Over the past several trading days, whenever the US stock market indices have shown pullbacks, semiconductor memory storage repeatedly held up against the move, continuously rallying. The representative entering capital is not short-term speculative money; many mid- to long-term funds have continued to position for opportunities of a semiconductor cycle recovery.
Track two key core indicators going forward
1、Whether overseas storage leaders can hold onto their intraday gains; continued strength into the close will further boost sector sentiment for next week;
2、The trend in spot quotation prices for memory. Only when prices keep warming up is it the most core foundation for the continuation of the semiconductor memory storage rally.
This article is only an interpretation of market quotes and industrial logic, and does not constitute any investment advice. $SNDK
On Thursday’s intraday session in the U.S., the market’s sense of division became even more pronounced. Pressure stood out at the broad-market level, with the Nasdaq index staying green. Hit by negative news, Tesla fell more than 12%, Google dropped 6.5% due to the EU’s massive anti-monopoly fine, and the two major weight stocks clearly suppressed market sentiment; Nvidia pulled back slightly and entered a period of consolidation and rest in the near term.
However, in an environment where the index weakened, the semiconductor sector broke out against the trend and became the standout highlight of the whole session. Memory leaders gained across the board: SK hynix surged 6.21%, Micron Technology rose 3.67%, and SanDisk closed higher in sync; Lumentum, a company in optical-communication semiconductor, saw its gain approach 5%. When the broader market adjusted, funds actively clustered into semiconductors, which fully shows that the sector’s favorable-cycle logic has been recognized by mainstream capital. This round of overseas semiconductor memory gains is not mere sentiment speculation, but has solid industrial support. Previously, SK hynix, Micron, and Samsung have continued to execute production cuts and inventory reduction strategies, effectively improving the supply-demand landscape, with spot prices of memory chips gradually stabilizing and rebounding. Meanwhile, AI compute power continues to expand, and demand for high-capacity server storage is steadily being released; the market has begun to price in a recovery in earnings for memory companies in advance.
U.S. stock market indexes came under pressure and adjusted intraday, while semiconductor memory surged against the trend across the board
Original
Aze looks at the cycle
Aze looks at the cycle
Aze looks at the cycle
July 23, 2026 22:10
Guangdong
Listen to the full story
Read this chapter in a novel reader
Go to reading
Immerse yourself in reading in the novel reader
U.S. stock market indexes came under pressure and adjusted intraday, while the market’s sense of division became even more pronounced. Pressure stood out at the broad-market level, with the Nasdaq index staying green. Hit by negative news, Tesla fell more than 12%, Google dropped 6.5% due to the EU’s massive anti-monopoly fine, and the two major weight stocks clearly suppressed market sentiment; Nvidia pulled back slightly and entered a period of consolidation and rest in the near term. However, in an environment where the index weakened, the semiconductor sector broke out against the trend and became the core highlight of the whole session. Memory leaders gained across the board: SK hynix surged 6.21%, Micron Technology rose 3.67%, and SanDisk closed higher in sync; Lumentum, an optical-communication semiconductor company, saw its gain approach 5%. When the broader market adjusted, funds actively clustered into semiconductors, fully indicating that the sector’s favorable-cycle logic has been recognized by mainstream capital. This round of overseas semiconductor memory gains is not mere sentiment speculation, but has solid industrial support. Previously, SK hynix, Micron, and Samsung have continued to execute production cuts and inventory reduction strategies, effectively improving the supply-demand landscape, with spot prices of memory chips gradually stabilizing and rebounding. Meanwhile, AI compute power continues to expand, demand for high-capacity server storage is steadily being released, and the market has begun to price in a recovery in earnings for memory companies in advance.
Key capital-direction signals revealed by the market
1、Capital style switch: avoiding high-level “big-name” stocks affected by negative headlines, and instead positioning for a cyclical reversal. In recent times, Tesla and Google have repeatedly run into negative news, so capital has started to avoid large platform companies with uncertainties, while funds have continued to flow into the semiconductor cycle sector, where fundamentals are seeing a turning point. Sentiment and valuation/momentum, becoming the most important metric for stock selection in the overseas market right now.
2、The storage market is shifting from short-term impulse to trend-based positioning. In the past several trading days, whenever the U.S. stock market indexes show adjustments, semiconductor memory has repeatedly held up against declines and continued to rally. The representative “inflow” capital is not just short-term speculators; many medium- to long-term funds have continued to position for opportunities of semiconductor-cycle recovery.
Continuously track two key indicators next
1、Whether overseas memory leaders can hold their intraday gains; if strength persists into the close, it will further boost the sector sentiment next week;
2、The trend of spot memory quotations. Only when prices keep warming up is the most core foundation for the continuation of the semiconductor memory rally.
This article is for interpreting market dynamics and industrial logic only, and does not constitute any investment advice.$SNDK