On August 10 (local time), the three primary U.S. stock indices closed in unison at lower levels. Memory chip stocks displayed a mixed performance, with the Philadelphia Semiconductor Index experiencing oscillations at low levels and a sharp decline at the close, ultimately finishing down by 2.94%. Notably, GlobalFoundries plummeted more than 7%, ARM dropped 5.21%, Intel saw a decline exceeding 4%, and Qualcomm fell over 3%. On the same day, Intel unveiled plans to secure $15 billion in funding, primarily aimed at investing in advanced packaging, specialized chips, and physical AI technologies. Fast forward to August 12, and most large-cap tech stocks in the U.S. stock market were on the rise before the market opened. As of the time of reporting, Intel's stock had surged more than 2%, Nvidia's was up over 1%, Google's had increased by 0.53%, Tesla's rose 0.35%, Amazon's climbed 0.3%, Meta's was up 0.27%, while Microsoft's fell 0.82%, and Apple's dipped 0.25%.
