--- title: "U.S. stock market midday update: T1 Energy plummets 16.24%, trading volume increases, sector trend causes fluctuations" type: "News" locale: "en" url: "https://longbridge.com/en/news/291955402.md" description: "T1 Energy fell 16.24%; Micron Technology fell 8.12%, with a transaction volume of USD 24.2 billion; NVIDIA fell 1.26%, with a transaction volume of USD 9.084 billion; Intel fell 10.87%, with a transaction volume of USD 7.355 billion; TSMC fell 5.21%, with a market value of USD 2.22 trillion" datetime: "2026-07-07T15:42:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291955402.md) - [en](https://longbridge.com/en/news/291955402.md) - [zh-HK](https://longbridge.com/zh-HK/news/291955402.md) --- # U.S. stock market midday update: T1 Energy plummets 16.24%, trading volume increases, sector trend causes fluctuations **U.S. Stock Market Midday Update** T1 Energy fell 16.24%, with increased trading volume and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Micron Technology fell 8.12%, with active trading. Based on recent key news: 1. On July 3, renowned investor Michael Burry shorted Micron Technology, pointing out its overvaluation, which led to a significant drop in stock price. Reports indicate that Micron Technology's stock price has fallen nearly 20% over the past five trading days. Source: Caixin Overseas News 2. On July 6, Micron Technology reached a long-term strategic agreement with Ford Motor Company, pushing the stock price up by 3.3%. The agreement aims to strengthen the supply of memory and storage solutions for Ford vehicles. Source: Investing.com 3. On July 6, Citigroup included Micron Technology in its "90-Day Upside Catalyst Watchlist," expecting DRAM prices to rise, giving it a buy rating, which boosted the stock price. Source: Jinse Finance AI demand drives growth in the storage chip industry. NVIDIA fell 1.26%, with active trading. Based on recent key news: 1. On July 7, a report by SemiAnalysis regarding NVIDIA's product roadmap attracted market attention. Although NVIDIA denied product delays, concerns about supply chain risks intensified, leading to a drop in stock price. Source: Jinse Data 2. On July 6, analysts from ING pointed out that self-developed chips by tech giants could weaken NVIDIA's pricing power, increasing uncertainty in profit margins and affecting market confidence. Source: Jinse Data 3. On July 6, Goldman Sachs reiterated its buy rating, believing that NVIDIA's position in the AI chip market is not fully priced in. Nevertheless, there are still concerns about the sustainability of AI investments in the market. Source: Jinse Data AI chip demand is strong, and market volatility risks are high. Intel fell 10.87%. Based on recent key news: 1. On July 6, Intel announced price increases for some consumer and server CPUs, with increases of up to 16%. This move reflects strong market demand for its processors and rising supply chain costs, leading to stock price volatility. 2. On July 6, HSBC raised Intel's target stock price to $200, maintaining a "buy" rating, believing that growth in server CPUs is the core driver of Intel's future profit growth. 3. On July 6, strong rebounds in AI chip demand drove overall increases in semiconductor stocks, benefiting Intel's stock price from this trend. The semiconductor industry shows strong demand and significant price volatility. **Stocks with High Market Capitalization in the Industry** TSMC fell 5.21%. Based on recent key news: 1. On July 6, Citigroup raised TSMC's target stock price from NT$2,875 to NT$3,800, reflecting optimistic market expectations for its future growth This move briefly pushed TSMC's stock price up, but it later fell back due to overall market volatility. Source: Jinshi Data 2. On July 6, the Taiwan stock market opened high and then fell low, with TSMC leading the market to rise by as much as 614.68 points, but selling pressure from electronic weighted stocks emerged, causing the market to turn from red to black, and TSMC's stock price subsequently declined. Source: Zhitong Finance 3. On July 6, JP Morgan raised TSMC's target price from NT$ 2,500 to NT$ 3,100, expecting TSMC's short-term profitability to strengthen and AI demand visibility to increase. This news had a brief positive impact on the stock price but failed to offset overall market pressure. 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