U.S. Stock Market Midday Update
Astera Labs rose 10.31%. Based on recent news,
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On February 9, Astera Labs released its latest financial report, showing a significant improvement in the company's performance over the past quarter, exceeding market expectations. This news boosted investor confidence and drove the stock price up.
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On February 9, Astera Labs announced a new strategic partnership expected to significantly expand its market share. Investors expressed optimism about the prospects of this collaboration, further pushing up the stock price.
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On February 9, analysts upgraded Astera Labs' rating, believing the company has enormous growth potential in the future. This rating adjustment attracted more buying interest, leading to a substantial increase in the stock price. The market is optimistic about the overall performance of tech stocks, with noticeable capital inflows.
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Top Stocks by Industry Trading Volume
NVIDIA rose 2.79%. Based on recent news,
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On February 7, NVIDIA CEO Jensen Huang stated that despite concerns about customers overspending in data centers, their spending levels are reasonable and sustainable. Huang believes that the construction of artificial intelligence infrastructure will continue for seven to eight years and described the demand for AI as &#34;astonishingly high.&#34; This statement boosted market confidence and drove NVIDIA's stock price up.
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On February 9, Goldman Sachs analysts projected that NVIDIA's revenue for the fourth quarter of fiscal year 2025 would reach $67.3 billion, exceeding market expectations by about $2 billion. Analysts also forecast that the Rubin GPU will start shipping in the third quarter of 2026, supporting strong growth for the company at least until 2028. These optimistic predictions further propelled the stock price upward.
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On February 9, Apollo Global Management plans to complete a loan of approximately $3.4 billion to purchase NVIDIA chips and lease them to Musk's xAI company. This investment demonstrates strong market confidence in the demand for NVIDIA chips, further boosting the stock price. Tech stocks are rebounding overall, with noticeable capital inflows.
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Micron Technology fell 2.18%. Based on recent news:
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On February 9, Micron failed to pass the HBM4 certification design, leading to market doubts about its technological capabilities. Nevertheless, Micron made a comeback in the Vera CPU field with LPDDR5X memory, solidifying its position in the low-power, high-performance memory market. This event had a negative impact on the stock price. Source: Zhitong Finance
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On February 7, UBS analysts raised Micron's target price to $450, reiterating a &#34;buy&#34; rating, believing that the demand for storage chips in AI data centers will support the stock price increase. This rating upgrade had a positive impact on the stock price. Source: Barron’s
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On February 6, concerns about a shortage of storage chips intensified, leading to fluctuations in Micron's stock price. Analysts expect supply tightness to continue, driving prices up. Source: Jinshi Data, the semiconductor industry revenue will exceed $1 trillion for the first time
Broadcom rose 4.06%. Based on recent key news:
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On February 7, U.S. stocks rebounded strongly, led by technology stocks. Broadcom's stock price increased by 7.1% as investors bet on increased investment in artificial intelligence technology. This rebound marks a significant shift in market sentiment, with technology stocks recovering most of their losses for the week. Source: MarketWatch
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On February 7, Jinglin Asset Management increased its holdings in Broadcom. Jinglin Asset Management's increase in holdings during the fourth quarter shows confidence in the company, driving the stock price up. Source: Zhitong Finance
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On February 8, analysts maintained a buy rating. Although Broadcom was not included in the top recommended stocks list, analysts still maintained a buy rating, supporting the stock price increase. Source: MarketBeat Technology stocks rebound, market sentiment shifts.
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Stocks ranked among the top in industry market capitalization
TSMC rose 2.20%. Based on recent news,
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On February 9, TSMC's after-hours trading reached a historic high of NT$1,870.33, showing strong market confidence in its future performance. The transaction amount for the large trades reached NT$3.504 billion, further driving the stock price up.
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On February 9, TSMC's board of directors met in Kumamoto, Japan, to discuss the dividend and capital budget proposal for the fourth quarter of 2025, demonstrating the company's positive attitude towards future investments and dividends, enhancing investor confidence.
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On February 8, the Taiwan stock market experienced significant volatility before the closure, but market sentiment improved driven by semiconductor and AI demand, with TSMC benefiting significantly as a leading stock. Strong demand for semiconductors and AI, market sentiment improves
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ALAB

Astera Labs rose 10.31%; NVIDIA rose 2.79%, with a transaction volume of USD 29.3 billion; Micron Technology fell 2.18%, with a transaction volume of USD 9.581 billion; Broadcom rose 4.06%, with a transaction volume of USD 8.023 billion; TSMC rose 2.20%, with a market value of USD 1.85 trillion

U.S. stock market midday update: Astera Labs' earnings report exceeds expectations, strategic cooperation boosts stock price by 10.31%!