U.S. Stock Night Market Movements

AMD fell 3.08% in the night market. Based on recent key news:

1. On July 27, Wedbush Securities released a research report, maintaining an "outperform" rating on AMD and significantly raising its target price, citing strong growth momentum in its data center business in the CPU and GPU fields, as well as demand boosts from newly established artificial intelligence partnerships. Wedbush expects AMD's data center revenue to accelerate growth in the second half of 2026 to 2027. This expectation aligns with signals recently released by AMD CEO Lisa Su. She previously stated that based on the strong demand for the "Helios" platform and MI450 series GPUs, the company is confident in achieving annual revenue of several billion dollars in its data center AI business by 2027. Source: Zhitong Finance

2. On July 26, Futurum Equities raised AMD's target price to $800, indicating about a 48% upside from the current stock price, and listed it as one of the most confident core investment targets. AMD announced several major collaborations at the Advancing AI 2026 conference, reflecting the rapid expansion of the company's hardware ecosystem and the continued rise in customer demand. Source: Wall Street Insight

3. On July 25, the market expressed concerns over AMD's high valuation and AI revenue capture ability, leading to stock price fluctuations. Institutional comments pointed out that AMD faces "sympathy volatility," with its high long-term price-to-earnings ratio under scrutiny, making the stock susceptible to sharp corrections. Source: Jinshi Data. The semiconductor industry has recently experienced fluctuations, requiring attention to macroeconomic data.

Stocks with High Trading Volume in the Industry

Micron Technology fell 4.46% in the night market. Based on recent news:

1. On July 28, Micron Technology's stock price entered a bear market, having plummeted over 26% since its peak this year. This sell-off coincided with a general pullback in memory chip stocks, as investors took profits and concerns over the sustainability of artificial intelligence spending intensified. Source: Benzinga

2. On July 25, Micron Technology's stock price plummeted 8.4% in late trading on Friday, as investors took profits after a rise earlier in the week, while increased competition from Chinese memory chip manufacturers put pressure on the stock. Source: Zhitong Finance

3. On July 28, the global memory chip sector faced significant sell-offs, with SK Hynix's American Depositary Receipts falling below the issue price less than a month after listing, causing Micron Technology to decline simultaneously. Source: Zhitong Finance. Demand for memory chips is recovering, and market sentiment is optimistic.

SK Hynix fell 3.51% in the night market. Based on recent key news:

1. On July 27, SK Hynix's stock price fell below the issue price as investors exited the overvalued semiconductor sector. The semiconductor sector as a whole is under pressure, with the Philadelphia Semiconductor Index dropping to its lowest level since May, dragging SK Hynix's stock price down to $143.02. Source: Jinshi Data

2. On July 27, SK Hynix announced a partnership with NVIDIA to build an AI data center, but it failed to boost the stock price. Despite the large scale of the collaboration, market concerns over AI infrastructure investment intensified, putting pressure on the stock price. Source: Guandian.com

3. On July 26, SK Hynix's ADR premium was high, raising market warnings about an AI bubble. The premium exceeded reasonable ranges, indicating that market speculation on AI-related assets was out of control. Source: The Wall Street Journal. The semiconductor sector is under pressure, and market sentiment is cautious.

NVIDIA's after-hours trading fell by 1.24%. Based on recent key news:

1. On July 28, NVIDIA advanced a $750 billion AI deal, raising market doubts about demand and valuation, leading to a drop in stock price. NVIDIA's stock price fell by as much as 5.3% on Monday, reaching $195.92. Source: Bloomberg

2. On July 28, the sell-off of chip stocks intensified, with the MSCI Asia-Pacific Index plummeting by 3.5%, dragging down NVIDIA's stock price. The market is skeptical about the AI-driven rally. Source: Jinshi Data

3. On July 28, NVIDIA signed a $50 billion data center leasing agreement with Hut 8, increasing market concerns about the cash flow logic of AI capital expenditure cycles. Source: Financial Times. Excessive AI capital expenditure has raised market worries