U.S. stock market update: Navitas Semiconductor down 11.80%

U.S. Stock Market Midday Update Navitas Semiconductor fell 11.80%, with increased trading volume. Based on recent important news: On July 27, breakthrough GaN technology and heavyweight partnerships may be catalysts for explosive growth for Navitas Semiconductor, but concerns about sustainability have led to a decline in stock prices. On July 29, analysts believe Navitas Semiconductor is not on the best buy list, rating it as a moderate buy, which has dampened market confidence and caused stock prices to drop. On July 25, Robert Baird raised Navitas Semiconductor's target price from $6 to $11, but the stock price fell 14% this week, as the market remains skeptical about its growth potential. Stocks with High Trading Volume in the Industry Nvidia fell 0.68%, with a trading volume of $14.1 billion. Based on recent important news: On July 29, Nvidia placed an additional order for 300,000 H20 chips with TSMC, indicating strong market demand and supporting long-term performance growth. On July 29, the U.S. government approved Nvidia's resumption of H20 chip sales to China, lifting export restrictions. On July 28, global tech industry revenue grew by 8.5%, driven by the development of the AI supply chain, boosting tech stock performance. AMD rose 1.66%, with a trading volume of $10.9 billion. Based on recent important news: On July 28, AMD plans to raise the price of its Instinct MI350 AI accelerator from $15,000 to $25,000, showing confidence in product competitiveness, leading to a stock price increase of about 4%. On July 29, AMD announced plans to significantly increase stock buybacks after its second-quarter earnings, further driving up stock prices. On July 29, AMD reported a 28% increase in its client and gaming revenue, reaching $2.9 billion, which continued to push stock prices higher. Broadcom rose 0.34%, with a trading volume of $2.596 billion. Based on recent key news: On July 27, MarketBeat noted that although Broadcom currently has a buy rating, top analysts believe there are five stocks that are more worthy of investment. This news may lead to a decline in some investors' confidence in Broadcom. On July 28, Morgan Stanley raised the target price for AIA Group, expecting its key financial metrics to remain strong. This may trigger a reassessment of other tech stocks in the market. On July 29, ISG analysis emphasized the obsolescence of traditional security defenses, driving demand for integrated defense systems, which may positively impact Broadcom's cybersecurity products Stocks Ranked Among the Top by Market Capitalization TSMC fell 1.06%, with increased trading volume. 1. On July 29, the Trump administration announced the second wave of tariff actions, putting pressure on TSMC's stock price, which dropped to NT$1,125. On July 29, NVIDIA urgently ordered 300,000 H20 chips from TSMC, boosting market confidence. On July 28, TSMC's Chiayi construction site was flooded due to heavy rain, affecting construction progress