---
title: "U.S. stock market opens: Nasdaq rises 1.2%, Philadelphia Semiconductor Index rises 2.8%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224082122.md"
description: "U.S. stock market opening situation: The Nasdaq Composite Index rose by 1.2%, and the Philadelphia Semiconductor Index rose by 2.8%. The S&P 500 Index opened up 40.34 points, an increase of 0.68%; the Dow Jones Industrial Average opened up 103.39 points, an increase of 0.24%. Micron Tech rose by 6.4%, Taiwan Semiconductor ADR rose by 5.1%, and Tesla rose by 2.7%. Apple has postponed its plan to use TSMC's 2-nanometer chips until 2026, due to a yield rate of only 60%. Truist analysts have lowered Tesla's target price to $351, maintaining a \"hold\" rating"
datetime: "2025-01-06T14:32:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224082122.md)
  - [en](https://longbridge.com/en/news/224082122.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224082122.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/224082122.md) | [繁體中文](https://longbridge.com/zh-HK/news/224082122.md)


# U.S. stock market opens: Nasdaq rises 1.2%, Philadelphia Semiconductor Index rises 2.8%

The S&P 500 index opened up 40.34 points, an increase of 0.68%, at 5982.81 points;  
The Dow Jones Industrial Average opened up 103.39 points, an increase of 0.24%, at 42835.52 points;  
The Nasdaq Composite opened up 230.31 points, an increase of 1.17%, at 19851.99 points.  
Micron Tech rose 6.4%, Taiwan Semiconductor ADR rose 5.1%, Tesla rose 2.7%, Nvidia rose 2.7%, C3.ai rose 2.2%, and Apple rose 0.5%.  
Chinese concept stocks XPeng rose about 2.9%, Nio rose about 2.1%, while Li Auto fell over 1%, Kingsoft Cloud fell 1.6%, and the Chinese concept ETF YINN rose 2%.  
Apple has postponed its plan to use Taiwan Semiconductor's 2-nanometer chips, which may be delayed until 2026 for the iPhone 18 series.  
The yield rate of Taiwan Semiconductor's 2-nanometer process is currently only 60%, leading to high costs.  
Truist analysts lowered Tesla's target price from $360 to $351, maintaining a "hold" rating.  
Tesla's fourth-quarter delivery and production data fell below market expectations and the company's own forecasts

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