U.S. Stock Market Midday Update: Micron Tech up 6.01%

Tracking Unusual Activity
2025.08.08 15:57
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Micron Tech rose 6.01%; NVIDIA rose 1.26%, with a trading volume of $11.3 billion; AMD rose 0.32%, with a trading volume of $6.194 billion; Broadcom rose 0.60%, with a trading volume of $1.51 billion; TSMC fell 0.84%, with a market capitalization of $1.25 trillion

U.S. Stock Market Midday Update

Micron Technology rose 6.01%, with increased trading volume. Based on recent important news:

  1. On August 7, DRAM prices doubled due to the market's shift towards AI memory, benefiting Micron from the surge in HBM demand, leading to a stock price increase.

  2. On August 7, U.S. Treasury Secretary Janet Yellen announced that Micron would invest $200 billion, boosting market confidence.

  3. On August 5, the global chip demand rebounded, driving up Micron's stock price.

Top Stocks by Industry Trading Volume

NVIDIA rose 1.26%, with increased trading volume. Based on recent important news:

  1. On August 8, Goldman Sachs raised NVIDIA's target price to $200, maintaining a buy rating, expecting its earnings report to exceed expectations, driving the stock price up.

  2. On August 6, NVIDIA was approved to resume sales of H20 chips to the Chinese market, easing export restrictions and boosting market confidence.

  3. On August 5, SoftBank increased its stake in NVIDIA to $3 billion, showing continued optimism in the AI sector.

AMD rose 0.32%, with a trading volume of $6.194 billion. Based on recent key news:

  1. On August 6, AMD announced its second-quarter results, with revenue of $7.685 billion, a 32% year-over-year increase, but earnings per share fell short of expectations, causing a 4.84% drop in after-hours trading.

  2. On August 6, AMD announced strong demand for its MI355 chips, with server CPU expected to achieve double-digit growth quarter-over-quarter, boosting market confidence.

  3. On August 6, Mizuho raised AMD's target price to $183, reflecting market optimism about its future growth.

Broadcom rose 0.60%, with increased trading volume. Based on recent important news:

  1. On August 5, Broadcom launched its next-generation Jericho network chip, enhancing data transfer efficiency between data centers, driving the stock price up 0.60%.

  2. On August 5, Broadcom began shipping Jericho4 chips to cloud service providers, expecting full deployment within nine months, with positive market response.

  3. On August 5, Broadcom's AI business revenue grew 46% year-over-year, driving the stock price up.

Top Stocks by Industry Market Capitalization

TSMC fell 0.84%, with increased trading volume. Based on recent important news:

  1. On August 6, TSMC was involved in a leak incident regarding its 2-nanometer technology, causing a 2.17% drop in stock price.

  2. On August 8, TSMC reported a 25.8% year-over-year increase in July revenue, but the stock price slightly declined.

  3. On August 7, Trump announced semiconductor tariff policies, and TSMC's stock price rose 4.89% due to exemptions

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