---
title: "U.S. stock market midday update: Quantinuum up 9.51%, driven by positive news in quantum computing and the FPSL plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291833891.md"
description: "Quantinuum rose 9.51%; SanDisk fell 0.17%, with a transaction volume of USD 11.3 billion; Apple rose 1.32%, with a transaction volume of USD 9.105 billion; Western Digital rose 6.82%, with a transaction volume of USD 3.018 billion; Dell Technologies-C rose 3.43%, with a market value of USD 263.5 billion"
datetime: "2026-07-06T18:13:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291833891.md)
  - [en](https://longbridge.com/en/news/291833891.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291833891.md)
generator: "portal-rs"
---

# U.S. stock market midday update: Quantinuum up 9.51%, driven by positive news in quantum computing and the FPSL plan

**U.S. Stock Market Midday Update**

Quantinuum rose 9.51%. Based on recent key news:

1.  On July 4, Quantinuum attracted attention due to its strong position in the quantum computing field. Its full-stack setup and spin-off from Honeywell set it apart in the market. Its trap ion hardware and robust error correction research further enhance its competitiveness, driving up the stock price.

2.  On July 6, Quantinuum was included in the Full Payment Securities Lending (FPSL) program, increasing market demand for its shares. This news stimulated investor interest, leading to a significant rise in stock price. The quantum computing industry is growing rapidly, with strong market demand.

**Top Stocks by Trading Volume in the Industry**

SanDisk fell 0.17%. Based on recent key news:

1.  On July 6, Goldman Sachs raised SanDisk's target price from $1200 to $2200, maintaining a buy rating, which pushed the stock price up by 3.51%.

2.  On July 6, SanDisk announced that samples of its 10th generation 3D NAND flash technology BiCS10 1Tb TLC are now available, attracting market attention due to technological advancements.

3.  On July 6, the storage chip sector performed strongly overall, with Western Digital rising nearly 5% in pre-market trading and Seagate Technology up nearly 4%, driving related stocks higher. The storage chip sector showed strong performance, with noticeable capital inflow.

Apple rose 1.32%. Based on recent key news:

1.  On July 6, Broadcom signed a new multi-year cooperation agreement with Apple, extending their chip supply collaboration until 2031, further solidifying the long-term strategic binding relationship between the two tech giants. Broadcom will develop and supply a range of custom silicon products for multiple generations of Apple products, and after the announcement, Broadcom's stock price rose about 5% in pre-market trading. Source: Jinshi Data

2.  On July 6, the Taiwan index futures opened higher in the night session, driven by a rebound in U.S. stock electronic trading, and the cooperation agreement between Broadcom and Apple extended to 2031, which led to Broadcom's stock price rising over 5%, also boosting the Nasdaq electronic trading. Source: Zhito Finance

3.  On July 6, Broadcom stated it has agreed to expand and extend its partnership with Apple until 2031 to develop and supply custom chips for the latter. Broadcom's stock price surged over 5%. Source: Wall Street Insight Technology stocks performed strongly overall, with continued expansion in semiconductor demand.

Western Digital rose 6.82%. Based on recent key news:

1.  On July 6, Goldman Sachs raised Western Digital's target price from $400 to $650, driving up the stock price. Western Digital rose 5.1% during the day, currently reported at $566.52. Several investment banks raised their target prices and issued buy ratings after the company's earnings report exceeded expectations, with a year-on-year revenue growth of 45.5%.

2.  On July 6, the strong performance of storage chip stocks this year is becoming a key force supporting the rise of the S&P 500 index. The upward revision of earnings expectations for storage chips catalyzed the sector's rally, and the market is re-pricing the order of beneficiaries in the AI industry chain, with capital further leaning towards storage chips On July 6th, Morgan Stanley reported that the current HDD market is facing a serious supply-demand imbalance, with demand driven by AI workloads, leading to an annual growth rate of 40% to 50%, while the supply side has an annual growth rate of only 30% to 35%, driving up Western Digital's stock price. The supply-demand imbalance in the storage chip industry is pushing stock prices higher.

**Stocks ranked at the top of the industry by market capitalization**

Dell Technologies Inc. rose by 3.43%. Based on recent key news:

1.  On July 6th, U.S. President Trump publicly supported Dell at the White House, praising its products and encouraging the purchase of Dell computers. This support may have boosted market confidence in Dell, driving up its stock price. Source: Jin10 Data

2.  On July 6th, market analysis pointed out that although Dell has significantly benefited in the AI field, it has not been listed as a preferred investment target by top analysts. This indicates a divergence in market sentiment regarding its future performance, which may affect investor sentiment. Source: MarketBeat

3.  On July 4th, the widespread application of AI technology was considered a major factor driving up the stock prices of companies like Dell. The influence of AI has significantly increased market attention on related stocks. Source: 24/7 Wall St

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**