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Top 20 by Trading Volume | Chip stocks rebound across the board, with Intel surging over 11% after securing a major order from Google for 3 million TPUs, Marvell rising nearly 10%, and AMD gaining more than 5%; Eli Lilly and Co. pioneers a new frontier in
Micron Technology, the most actively traded stock on U.S. markets on Monday, rose 9.87% with a trading volume of $50.306 billion. The stock had declined 13.25% on Friday. Technology stocks across the U.S. market rebounded broadly on Monday. In news commentary, Micron Technology CEO Sanjay Mehrotra stated that the AI race is fundamentally a memory race. He noted that AI remains in a very early stage and that demand for memory from large models and inference applications continues to rise, making memory a critical infrastructure underpinning intelligence.
U.S. Market Close | Chip stocks led a rebound in U.S. equities, with the semiconductor index rising over 5%; memory and optical communications sectors both strengthened, Micron gaining nearly 10% and AAOI surging more than 11%; Middle East tensions eased,
Chip stocks led the rebound in U.S. equities on Monday, with the Philadelphia Semiconductor Index surging 5.6% in a single day. The S&P 500 closed up 0.3%, while the Nasdaq Composite rose 0.86%. The Dow Jones Industrial Average lagged behind, declining 0.16%. The software sector showed virtually no signs of recovery, with a cumulative three-day loss of 11%, entering a technical correction territory.
Boosted by inclusion in the S&P 500, Marvell Technology surged sharply, leading gains among chip stocks.
① Marvell Technology's stock surged significantly on Monday, climbing as much as 15.6% intraday, boosted by market sentiment following the announcement that the company will be added to the S&P 500 Index; ② Newly included stocks in the S&P 500 Index are poised to receive substantial inflows from passive investment funds, particularly amid the growing dominance of passive investing.
Top 20 by Trading Volume | Chip stocks plunged collectively, with NVIDIA down over 6%, Micron down over 13%, and AMD falling nearly 11%; SpaceX signed a $30 billion computing power agreement with Google; Meta reportedly considering multi-billion-dollar eq
Micron Technology, the most actively traded stock on U.S. markets on Friday, fell 13.21% with a trading volume of $67.869 billion. Memory-related stocks on U.S. exchanges broadly declined on Friday, following Broadcom's AI chip sales outlook falling short of overly optimistic market expectations, which triggered a broad sell-off among major chipmakers.
Next up: OpenAI? Trump confirms government is considering taking an equity stake in artificial intelligence companies.
① U.S. President Trump proposed the idea that AI companies provide a certain percentage of equity ownership to the American public, enabling citizens to share in the benefits of AI industry development; ② OpenAI CEO Sam Altman is reportedly in discussions with the White House, and the U.S. government may in the future hold a stake in OpenAI to capitalize a 'public wealth fund.'
U.S. Markets Close | Strong Nonfarm Payrolls Spark Rate Hike Concerns; AI Rally Cools, Nasdaq Plunges Over 4%; Semiconductor Index Drops More Than 10%; Gold Erases YTD Gains; Bitcoin Briefly Breaks Below $60,000
Technology stocks on Wall Street plummeted across the board on Friday. The Nasdaq 100 Index tumbled approximately 5%, marking its steepest decline since April 2025. The S&P 500 fell 2.6%, and the Dow Jones Industrial Average dropped 1.3%. The consumer staples sector rose against the broader market trend. Spot gold prices declined 3.6% to $4,313.58 per ounce, falling below the 200-day moving average and erasing all year-to-date gains, with the largest single-day drop since September 2023. Silver also slumped in tandem, posting its worst weekly performance since March 20.