U.S. stock night market volatility: ON Semiconductor rose 3.30% in the night market, boosting confidence in AI demand

U.S. Stock Night Market Movements

ON Semiconductor rose 3.30% in the night market. Based on recent key news:

1. On July 19, the surge in demand for AI cloud data center construction prompted ON Semiconductor and other companies to adjust production capacity to meet the high-profit AI order demand. This move boosted market confidence in ON Semiconductor, leading to a rise in stock price.

2. On July 20, Wells Fargo lowered ON Semiconductor's target price from $140 to $130 while maintaining an "Overweight" rating. Despite the target price reduction, the overweight rating indicates analysts' confidence in the company's long-term performance, providing support for the stock price.

3. On July 20, ON Semiconductor's annualized return over the past 15 years was 16.19%, outperforming the market. The long-term excellent performance attracted investor attention, supporting the rise in stock price. AI demand is driving growth in the semiconductor industry.

Stocks with High Trading Volume in the Industry

Micron Technology rose 4.74% in the night market. Based on recent key news:

1. On July 21, SK Group Chairman Choi Tae-won stated that memory chip prices are too high, which the market interpreted as a warning of short-term overheating risks in the industry, boosting sentiment in the semiconductor sector and leading to a rebound in Micron's stock price. Source: Zhito Finance

2. On July 21, Morgan Stanley analysts pointed out that data center demand has triggered a memory shortage, predicting prices will soar by 25% in the third quarter, supporting Micron's stock price increase. Source: MarketWatch

3. On July 20, JPMorgan strategists believed that the recent sell-off of AI stocks created opportunities for a rebound in the semiconductor sector, with strong fundamentals supporting Micron's stock price recovery. Source: Investing.com The semiconductor industry demand is strong, with significant capital inflow.

SK Hynix rose 5.07% in the night market. Based on recent key news:

1. On July 21, SK Hynix completed the largest non-U.S. corporate ADR issuance in U.S. history, raising $26.5 billion for HBM capacity expansion, solidifying its global advantage in the AI storage field, leading to a significant stock price increase. Source: The Wall Street Journal

2. On July 20, the impact of derivative trading in the Korean market affected stock prices, with Goldman Sachs estimating that SK Hynix's market-making rebalancing scale exceeded 20% of the average daily trading volume, driving stock price volatility. Source: Jinshi Data

3. On July 19, SK Hynix and Samsung committed to investing 48 trillion Korean won over the next decade to solidify their strategic position in the AI era, benefiting stock prices. Source: Wall Street Insight AI hardware demand is strong, and the industry outlook is optimistic.

AMD rose 3.46% in the night market. Based on recent news:

1. On July 20, AMD signed a large-scale AI infrastructure cooperation agreement with Microsoft, driving up stock prices. Microsoft will deploy AMD Helios rack-level solutions on a large scale for AI inference operations in Azure services and enterprise customer workloads, causing AMD's stock price to soar by 5%; Source: Investing.com

2. On July 20th, Barclays raised AMD's target price to $665, reflecting that its CPU upside potential has not been fully priced in. Barclays predicts that AMD's CPU revenue will reach approximately $29 billion by 2027, driving the stock price up; Source: Wall Street Watch

3. On July 20th, Ark Invest reduced its holdings in AMD shares, selling 23,573 shares. Despite the reduction, AMD remains the eighth largest holding in the Ark Innovation ETF; Source: Titanium Media App The chip sector rebounded overall, with positive sentiment