U.S. Stock Market Midday Update: Sequans Communications down 7.04%

U.S. Stock Market Midday Update Sequans Communications fell 7.04%, with increased trading volume. Based on recent important news: On July 28, Sequans announced the purchase of 755 bitcoins, with a total investment of approximately $88.5 million. This move raised concerns about the company's financial stability, leading to a 7.04% drop in stock price. On July 28, the market held a cautious attitude towards Sequans' bitcoin strategy, as it relies on bitcoin price fluctuations, increasing investment risks. On July 28, Sequans did not update its forward-looking statements, adding to market uncertainty and further depressing the stock price. Stocks with High Trading Volume in the Industry Nvidia rose 1.97%, with a trading volume of $22 billion, reaching a 60-day high. Based on recent key news: On July 29, Nvidia urgently ordered 300,000 H20 chips from TSMC due to strong demand in the Chinese market, driving the stock price up. On July 30, the U.S. government approved Nvidia to resume exports of H20 chips to China, with market expectations for significant future sales growth, causing the stock price to continue rising. On July 30, Morgan Stanley raised Nvidia's target price from $170 to $200, boosting investor confidence and increasing the stock price. AMD rose 0.64%, with a trading volume of $9.468 billion. Based on recent key news: On July 28, AMD announced an increase in the price of its Instinct MI350 AI accelerator from $15,000 to $25,000, resulting in a 4% rise in stock price. On July 29, AMD reported a 28% increase in customer and gaming revenue and anticipated that delays in export licenses could restore $700 million in recent revenue, boosting market confidence. On July 30, analysts predicted that AMD's second-quarter sales would exceed $7.5 billion, with annual sales surpassing $33 billion, further driving up the stock price. Marvell Technology rose 6.73%, with increased trading volume. Based on recent important news: On July 30, Morgan Stanley raised Marvell Technology's target price to $80 due to strong AI demand, resulting in a stock price increase of about 10%. On July 31, analysts expected new chips to significantly increase revenue, leading to further stock price gains. On July 29, the market rated Marvell Technology as a moderate buy, with stock performance exceeding expectations. Stocks with High Market Capitalization in the Industry Broadcom rose 1.45%, reaching a new high in market capitalization. Based on recent important news: On July 30, Morgan Stanley raised Broadcom's target stock price to $338, driving the stock price up by 1.45%. On July 30, Broadcom's strong performance in the AI chip market, particularly the increased demand for custom ASICs, enhanced market expectations On July 30th, Broadcom reserved capacity for Google's TPU, demonstrating its important position in the AI supply chain