On Tuesday, US stock markets closed with mixed results, with the Dow Jones Industrial Average declining 0.98%, the S&P 500 edging down 0.4%, and the Nasdaq inching up 0.18% to establish a new closing high. Notably, chip stocks shone brightly, with NVIDIA's shares surging 4% to reach a new closing peak, and AMD advancing 6.4%. Amidst this backdrop, most popular Chinese stocks listed in the US witnessed an upswing, as evidenced by the Nasdaq Golden Dragon China Index closing 2.7% higher. Alibaba stood out with its shares soaring 8.1%.