--- title: "U.S. stock market midday update: T1 Energy down 8.46%, intellectual property agreement puts pressure on stock price" type: "News" locale: "en" url: "https://longbridge.com/en/news/295437680.md" description: "T1 Energy fell 8.46%; Micron Technology rose 0.13%, with a transaction volume of USD 18.2 billion; NVIDIA fell 2.42%, with a transaction volume of USD 16.9 billion; Intel fell 3.26%, with a transaction volume of USD 6.9 billion; TSMC rose 0.35%, with a market value of USD 2.19 trillion" datetime: "2026-08-10T18:29:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295437680.md) - [en](https://longbridge.com/en/news/295437680.md) - [zh-HK](https://longbridge.com/zh-HK/news/295437680.md) --- # U.S. stock market midday update: T1 Energy down 8.46%, intellectual property agreement puts pressure on stock price **U.S. Stock Market Midday Update** T1 Energy fell 8.46%. Based on recent key news: 1. On August 7, T1 Energy announced an intellectual property purchase agreement with Evervolt, involving the issuance of 13,615,979 shares of common stock to Evervolt, and submitted a supplemental prospectus to register potential resale on August 7. This news increased market pressure on the company's stock price, causing it to drop 8.46%. Source: EDGAR system disclosure 2. No other significant news recently. The energy sector has been volatile lately and requires attention. **Stocks with High Trading Volume in the Industry** Micron Technology rose 0.13%. Based on recent key news: 1. On August 10, Citigroup lowered its target price for Micron Technology to $115, maintaining a "Buy" rating. Citigroup expects DRAM and NAND prices to slow down quarter by quarter over the next four quarters, affecting stock price trends. Source: Caixin 2. On August 10, SK Hynix announced a $38.4 billion investment to expand its chip business, planning to build multiple semiconductor factories in South Korea, which may affect market supply and demand. Source: Caixin 3. On August 10, Deutsche Bank's holdings report showed Micron Technology as one of the top five buy targets, reflecting investors' confidence in its long-term growth potential. Source: U.S. Securities and Exchange Commission disclosure indicates strong demand for memory chips and a broad industry outlook. NVIDIA fell 2.42%. Based on recent key news: 1. On August 11, a U.S. investment giant partnered with NVIDIA to provide $500 billion in funding for artificial intelligence infrastructure projects. Although this news indicates significant investment in the AI sector, some investors are concerned that these agreements may have a cyclical trading nature, causing the stock price to drop by 3.2% at one point. 2. On August 8, Jinglin Asset disclosed that it had liquidated its positions in popular tech stocks like NVIDIA by the end of the second quarter and significantly reduced holdings in other targets. The market value of Jinglin Asset's holdings has decreased significantly, reflecting a cautious attitude towards tech stocks, which affected NVIDIA's stock price. 3. On August 9, NVIDIA agreed to invest $2 billion in power infrastructure developer Lancium, with a commitment to invest an additional $1 billion once the latter secures more power resources. This investment aims to secure power supply for data center projects serving chip customers, but the market's reaction to this large-scale investment has been mixed, leading to stock price fluctuations. There are concerns about the long-term returns of investments in AI infrastructure. Intel fell 3.26%. Based on recent key news: 1. On August 10, Intel announced plans to issue $15 billion in common stock to support capital expenditures, and the stock price fell 3.3% following the announcement. The company plans to grant underwriters an option to purchase up to an additional $2.25 billion in stock. This move aims to address the growing demand for AI computing power. Source: Viewpoint Network 2. On August 10th, Intel's stock price fell more than 4% in pre-market trading due to market concerns that the new stock issuance would dilute existing shareholders' equity. The company's stock price has more than doubled this year, outperforming its peers. Source: Reuters 3. On August 10th, Intel plans to raise funds through stock issuance to expand its wafer foundry business, challenging market leaders like TSMC. This move provides the company with a favorable financing window. Source: Golden Finance Technology giants increase AI investment, strong market demand **Stocks ranked among the top in industry market capitalization** TSMC rose 0.35%. Based on recent key news: 1. On August 10th, TSMC announced that its July revenue reached a record high of NT$467.58 billion, a year-on-year increase of 44.7%. This strong performance was mainly driven by AI demand, particularly from large customer orders from NVIDIA and Apple, boosting market confidence. 2. On August 10th, TSMC and Sony plan to establish a joint venture in Japan, investing approximately 1 trillion yen to produce next-generation image sensors. This collaboration highlights TSMC's strategic layout in the AI vision and robotics market, further consolidating its industry-leading position. 3. On August 10th, the market expressed concern over TSMC's capital expenditure plans. TSMC raised its capital expenditure for this year to between $60 billion and $64 billion, reflecting its optimistic expectations for future AI chip demand, driving the stock price up. 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