---
title: "U.S. stock market midday update: SemiLEDS down 9.13%, profit expectations downgrade intensifies selling"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293654240.md"
description: "SemiLEDS fell 9.13%; Micron Technology rose 3.15%, with a transaction volume of USD 29 billion; NVIDIA fell 1.76%, with a transaction volume of USD 13.9 billion; AMD fell 3.26%, with a transaction volume of USD 9.745 billion; TSMC fell 1.57%, with a market value of USD 2.15 trillion"
datetime: "2026-07-23T18:23:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293654240.md)
  - [en](https://longbridge.com/en/news/293654240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293654240.md)
---

# U.S. stock market midday update: SemiLEDS down 9.13%, profit expectations downgrade intensifies selling

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

SemiLEDS fell 9.13%. Based on recent key news:

1.  On July 22, SemiLEDS's stock price plummeted, primarily due to heightened market concerns about its future profitability. Despite the company's progress in technological innovation, investors expressed doubts about its ability to maintain growth in a highly competitive market, leading to pressure on the stock price.
    
2.  Recent macroeconomic factors within the industry have also impacted SemiLEDS's stock price. The global economic slowdown and escalating trade frictions have reduced investors' risk appetite for tech stocks, further exacerbating stock price volatility.
    
3.  Analysts' rating adjustments for SemiLEDS have also affected the stock price. Several institutions lowered their earnings expectations for the company, believing it would be difficult to achieve anticipated growth in the short term, which intensified market selling pressure. The tech industry is facing growth pressures, and risks need to be monitored.
    

**Stocks with High Trading Volume in the Industry**

Micron Technology rose 3.15%. Based on recent key news:

1.  On July 21, SK Hynix executives warned that memory prices are unsustainable, raising market concerns, but Micron's stock price rebounded. After three consecutive days of decline, Micron's stock rose 1.9%, providing temporary relief to the market. Source: Barron's Weekly
    
2.  On July 23, Tesla CEO Elon Musk revealed that Micron is supplying a large number of storage chips to meet Tesla's needs. This move demonstrates Micron's supply capability against the backdrop of high demand for storage chips. Source: Zhitong Finance
    
3.  On July 22, Bank of America raised Micron's target price to $155, issuing an optimistic outlook. Bank of America believes that AI storage demand will drive industry growth. Source: Financial News Overseas AI demand drives growth in the storage chip market.
    

NVIDIA fell 1.76%. Based on recent news:

1.  On July 22, Wistron announced the launch of its first AI server manufacturing facility in the U.S., specifically built for NVIDIA's AI servers. This move will significantly enhance NVIDIA's AI server production capacity and domestic system assembly and testing capacity, driving stock price increases.
    
2.  On July 21, NVIDIA disclosed that it holds a 9.3% stake in Dutch cloud service provider Nebius, leading to a surge in Nebius's stock price. This news boosted market confidence in NVIDIA's position in the AI infrastructure sector, driving stock price increases.
    
3.  On July 22, analysts projected that NVIDIA's revenue for the current fiscal year would grow by 82% year-on-year, reaching $393.4 billion, surpassing the previously expected growth rate of about 65%. The market's optimistic expectations for NVIDIA's future performance drove stock price increases. Strong demand in the AI industry is pushing related companies' stock prices up.
    

AMD fell 3.26%, with increased trading volume. Based on recent news:

1.  On July 22, AMD signed a multi-billion dollar AI server collaboration agreement with Anthropic. Under the agreement, AMD will invest up to $5 billion in Anthropic and provide the next-generation Instinct MI450 chips After the announcement, AMD's stock price fell 4% in pre-market trading.
    
2.  On July 23, GF Securities released a report stating that AMD's upcoming MI450X chip is expected to narrow the hardware gap with NVIDIA, raising AMD's target price to $640. Nevertheless, the market's expectations for the new product have not been fully digested, leading to stock price fluctuations.
    
3.  On July 21, Bernstein's report mentioned that the ramp-up pace of AMD's MI450 chip is a variable that needs attention in the near term, and the weakness in the PC market may weigh on AMD's full-year forecast. The competition in the AI chip market is fierce, and the industry outlook is complex.
    

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

TSMC fell 1.57%. Based on recent news,

1.  On July 21, TSMC announced that it would raise chip prices by up to 10% in 2027 to cope with rising costs. This news raised market concerns, leading to a decline in stock prices.
    
2.  On July 21, TSMC raised its full-year revenue and capital expenditure expectations at its earnings call. Despite strong financial performance, concerns about future profitability remain, causing stock price fluctuations.
    
3.  On July 22, TSMC announced an additional investment of $100 billion in Arizona, USA. Although this move demonstrates confidence in future demand, it also raised concerns about costs and profit margins, affecting stock price performance. The semiconductor industry has been volatile recently, and investment should be approached with caution

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