On the evening of August 11, Beijing time, the three principal U.S. stock indices commenced trading on a positive note. The Nasdaq Composite Index climbed by 0.24%, the S&P 500 Index edged up by 0.11%, and the Dow Jones Industrial Average advanced by 0.12%. Focusing on the technology sector, Nvidia witnessed a notable increase of nearly 2%, buoyed by Morgan Stanley's endorsement of its $500 billion financing strategy. The memory chip industry also exhibited robust activity, with SK Hynix experiencing a surge of over 2%. The company has announced its intention to recommence construction of its second factory in Dalian, a move set to augment NAND flash memory production capacity by approximately 50%. Meanwhile, the share price of cryptocurrency mining firm Riot Platforms soared more than 20% following the announcement of a substantial $9.1 billion long-term cloud computing contract with Anthropic.
