On July 21, prior to the opening of the US stock market, large-cap tech stocks demonstrated a varied performance. Intel experienced a significant surge, with its stock price climbing over 5%. SpaceX followed suit, rising by more than 2%, while Nvidia also saw gains exceeding 1%. Meta's stock increased by 0.96%, and Tesla added 0.47% to its value. In contrast, Microsoft faced a decline of over 1%, Apple's stock dropped by 0.48%, Google's shares decreased by 0.17%, Netflix slipped by 0.16%, and Amazon's stock decreased by 0.12%. Previously, the Philadelphia Semiconductor Index, after entering a technical bear market last week, rebounded with an intraday surge of over 3%. However, its closing gain narrowed to 0.60%. According to reports, Google is developing a new server chip, codenamed 'Frozen v2,' which aims to directly integrate the underlying computational architecture of the Gemini large model into the hardware layer. This integration could potentially enhance energy efficiency by 6 to 10 times. Additionally, amid an explosion in demand for AI computing services, IREN's stock price soared by 19.57%.
