--- title: "U.S. stock market update: Maxeon Solar down 24.12%, liquidity crisis triggers judicial management, shareholders face total loss risk" type: "News" locale: "en" url: "https://longbridge.com/en/news/281540420.md" description: "Maxeon Solar Tech fell 24.12%; NVIDIA fell 0.57%, with a transaction volume of USD 6.57 billion; Micron Technology fell 2.31%, with a transaction volume of USD 5.841 billion; Intel rose 3.91%, with a transaction volume of USD 1.856 billion; TSMC fell 1.40%, with a market value of USD 1.75 trillion" datetime: "2026-04-02T14:18:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281540420.md) - [en](https://longbridge.com/en/news/281540420.md) - [zh-HK](https://longbridge.com/zh-HK/news/281540420.md) --- # U.S. stock market update: Maxeon Solar down 24.12%, liquidity crisis triggers judicial management, shareholders face total loss risk **U.S. Stock Market Midday Update** Maxeon Solar Tech fell 24.12%. Based on recent key news: 1. On April 1, Maxeon Solar applied to the Singapore High Court for judicial management procedures due to an exacerbated liquidity crisis. This move aims to seek optimal solutions for stakeholders and is expected not to have a significant adverse impact on the main business and financial status of TCL Zhonghuan. Source: TCL Technology announcement 2. On April 2, Maxeon Solar applied for judicial management procedures under Singapore's Bankruptcy, Restructuring and Dissolution Act due to long-term liquidity issues. The company is not seeking an arrangement plan, and asset sales may be the most likely outcome, with common stock shareholders potentially facing total loss. Source: Maxeon Solar announcement 3. On April 1, TCL Zhonghuan announced that Maxeon and its subsidiary MSPL applied for judicial management procedures due to business development challenges and financial difficulties, appointing Deloitte as the judicial manager. This application is pending acceptance by the Singapore court, and the outcome is uncertain. Source: TCL Technology announcement. The industry is facing liquidity challenges, and risks are increasing. **Top Stocks by Trading Volume in the Industry** Nvidia fell 0.57%, with increased trading volume. Based on recent key news: 1. On March 31, Nvidia announced a $2 billion investment in Mellanox Technologies, with both parties collaborating in the field of silicon photonics technology. This move aims to enhance AI infrastructure through NVLink Fusion technology, pushing the stock price up by 1.5%. Source: Zhitong Finance 2. On March 31, analysts pointed out that changes in Nvidia's Vera Rubin GPU architecture design raised concerns in the semiconductor industry, leading to a significant drop in memory stocks. Source: Jinshi Data 3. On March 31, global stock markets plummeted due to concerns over the Middle East conflict, causing Nvidia's price-to-earnings ratio to fall to its lowest level since the AI boom, with the stock price down nearly 20% from its historical peak. Source: Zhitong Finance. AI demand surges, industry competition intensifies, and market volatility risks increase. Micron Technology fell 2.31%, with increased trading volume. Based on recent key news: 1. On March 31, Citigroup lowered Micron Technology's target price due to soft DRAM spot prices. The target price was cut from $510 to $425, with the stock price dropping 1.5% in pre-market trading. Source: MarketWatch 2. On March 31, tensions in the Middle East led to a general decline in technology stocks, with Micron Technology's stock price plummeting nearly 10%. Geopolitical risks increased, and market confidence weakened. Source: Sina Finance 3. On April 1, the market reassessed the impact of Google's new technology, leading to an 8.9% rebound in Micron's stock price. Investors anticipated a possible easing of tensions in the Middle East, leading to a recovery in technology stock valuations. Source: The Motley Fool. Technology stocks are experiencing increased volatility due to geopolitical influences Intel rose by 3.91%. Based on recent news, 4. On April 1, Intel announced a $14.2 billion buyback of a 49% stake in its Ireland Fab 34 wafer fab, indicating a rebound in the company's financial condition and strategic confidence. This move led to a nearly 10% surge in Intel's stock price. 5. On April 1, Intel stated that the buyback would be financed through available cash and the issuance of approximately $6.5 billion in new debt, further enhancing market confidence in its financial health. 6. On April 1, Intel's Chief Financial Officer stated that the company has a stronger balance sheet and stricter financial discipline, and this buyback reflects the company's confidence in future development. The market is optimistic about the growth in AI demand, and Intel is back on a competitive track. **Stocks ranked among the top in industry market capitalization** TSMC fell by 1.40%, with increased trading volume. Based on recent key news: 1. On March 31, the conflict between the U.S. and Iran continued, leading to a pullback in semiconductor stocks, with TSMC ADR down by 3.13%. The escalation of geopolitical tensions has heightened market risk aversion, affecting TSMC's stock price. Source: Jinshi Data 2. On April 2, TSMC's after-hours trading premium was 8.2%, with market concerns over the Qingming holiday and uncertainties surrounding the U.S.-Iran war. Nevertheless, bulls remain strong, indicating market confidence in TSMC. Source: Zhitong Finance 3. On April 2, JP Morgan raised TSMC's target price, anticipating an increase in gross margin. Analysts are optimistic about TSMC's growth momentum and AI demand, raising market expectations. Source: JP Morgan report on the semiconductor industry affected by geopolitical fluctuations ### Related Stocks - [MAXN.US](https://longbridge.com/en/quote/MAXN.US.md) - [MAXNQ.US](https://longbridge.com/en/quote/MAXNQ.US.md) ## Related News & Research - [Nasdaq's Going Almost 24/7: Exchange Eyes 23-Hour Trading Day](https://longbridge.com/en/news/296146443.md) - [BUZZ-Australia's EQT Holdings soars on takeover bid, set for biggest one-day gain since 1985](https://longbridge.com/en/news/296168848.md) - [Humana (HUM) Expands Indiana Care Initiative, Is The Stock 24% Overvalued?](https://longbridge.com/en/news/296279057.md) - [Neighborhood Intelligence announces special shareholder meeting](https://longbridge.com/en/news/296336541.md) - [06:24 ETPLAB INVESTOR ALERT: Photronics, Inc. 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