U.S. Stock Market Midday Update
Microchip Technology rose 7.33%, with increased trading volume. Based on recent important news:
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On August 11, TD Cowen lowered the target price for Microchip Technology from $75 to $60, maintaining a &#34;Hold&#34; rating, which intensified market concerns about the company's prospects and pressured the stock price.
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On August 12, Microchip Technology announced it would speak at the Mizuho 2025 Technology Conference, boosting market confidence in the company's technological prospects, leading to a rise in stock price.
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On August 12, market rumors suggested that Microchip Technology was not included in the top analysts' recommended list of five stocks, prompting investors to reassess its investment value.
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Stocks with High Trading Volume in the Industry
NVIDIA rose 0.07%, with increased trading volume. Based on recent important news:
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On August 11, Wells Fargo raised the target price for NVIDIA to $220 due to strong demand and positive reports on the recovery of sales of H20 chips to China, driving the stock price up.
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On August 12, Trump confirmed that NVIDIA must pay 15% of its AI chip sales revenue to the U.S. government, which was positively received by the market.
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On August 12, Bernstein analysts believed that NVIDIA's agreement with AMD set a bad precedent but acknowledged that retaining 85% of revenue was still a positive.
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AMD rose 0.80%, with increased trading volume. Based on recent important news:
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On August 12, AMD reached an agreement with the U.S. to pay 15% of its AI chip sales revenue to the U.S. in exchange for export licenses, driving the stock price up by 0.80%.
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On August 12, analysts maintained a Buy rating on AMD, believing its strategy in the Chinese market would lead to growth.
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On August 10, the price of AMD's MI350 series graphics cards increased by 70%, but they still offer a cost-performance advantage, attracting clients such as Oracle and IBM.
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Micron Technology rose 2.85%, with increased trading volume. Based on recent important news:
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On August 11, Micron Technology raised its fourth-quarter financial forecast due to strong demand for AI infrastructure, leading to a 5% pre-market increase in stock price.
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On August 11, JP Morgan raised Micron's target price from $165 to $185.
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On August 11, improvements in DRAM pricing drove growth in Micron's performance.
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Stocks with High Market Capitalization in the Industry
Broadcom rose 1.78%, with a market capitalization of $1.46 trillion. Based on recent important news:
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On August 12, ZHONGDA-KY received a large order for laser optical packaging of Broadcom's data center switch chips, driving up the stock price of silicon photonics concept stocks, benefiting Broadcom's stock price with a 1.78% increase.
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On August 11, analysts noted that while Broadcom had a Buy rating, it was not included in the top recommendations, limiting its impact
On August 12th, the market held an optimistic view on the long-term prospects of Broadcom's collaboration with silicon photonics, driving the stock price up
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MCHP

Microchip Tech rose 7.33%; Nvidia rose 0.07%, with a transaction volume of $15.3 billion; AMD rose 0.80%, with a transaction volume of $5.759 billion; Micron Technology rose 2.85%, with a transaction volume of $1.859 billion; Broadcom rose 1.78%, with a market value of $1.46 trillion

U.S. stock market update: Microchip Tech rises 7.33%