AI chip concept stocks fluctuated and retreated, while trading in Gate. Nvidia (NVDAX) and Micron (MU) contracts was active.
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U.S. chip stocks fell broadly in pre-market trading, with SanDisk (SNDK.O) down 6.3%.
According to data from Odaily Odaily, US chip stocks generally fell in pre-market trading. Arm (ARM.O) fell 3.8%, SanDisk (SNDK.O) fell 6.3%, and Qualcomm (QCOM.O) fell 2.2%. Nvidia (NVDA.O) fell 1.9%, Micron Technology (MU.O) fell 5%, AMD (AMD.O) fell 2.5%, and Intel (INTC.O) fell approximately 5%.
AI server concept stocks were active in early trading, with Inspur Information hitting the daily limit.
According to Mars Finance, AI server concept stocks were active in early trading, with Inspur Information hitting the daily limit, Unisplendour Corporation hitting the daily limit for the third time in seven days, and Huaqin Technology, Sugon, and Digital China among the top gainers. In terms of news, Inspur Information released its earnings forecast, expecting net profit attributable to shareholders of the parent company to be between 2.6 billion and 3.1 billion yuan in the first half of 2026, a year-on-year increase of 226%-288%; net profit excluding non-recurring items is expected to be between 2.055 billion and 2.555 billion yuan, a year-on-year increase of 206%-280%. (Cailian Press)
South Korean beauty and retail stocks led the market gains, and Gate.com continues to expand its investment portfolio in South Korean stocks.
According to ChainCatcher, Gate's market data shows that the South Korean stock market was active today. Manyo Factory, a cosmetics stock, reached $11.60, up 18.43%; Heung Koo Petroleum reached $6.88, up 14.72%; and IT'S HANBUL reached $7.25, up 13.51%, with several popular South Korean stocks leading the market gains. Gate has established a 24/7 trading service system covering the three core markets of US, Hong Kong, and South Korea, supporting over 10,000 US stocks and ETFs, over 1,500 Hong Kong stocks, and over 1,000 South Korean stocks, totaling over 12,500 stocks and ETFs globally. Users can participate in global stock investment through their Gate unified account using USDT, supporting fractional share transactions starting from as low as 0.01 shares, and enjoying stock dividend rights. The platform also supports cross-brokerage transfers for US and Hong Kong stocks, as well as corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.
AI-related stocks generally fell in pre-market trading in the US, with MU down more than 5.43%.
According to data from Odaily Odaily, AI concept stocks generally fell in pre-market trading in the US, with MRVL down more than 4.73%, MU down more than 5.43%, AVGO down 1.92%, and NVIDIA down 1.47%. MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, including popular US stock and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
The Hang Seng Index rose more than 3%, with chip and tech stocks performing strongly.
According to ChainCatcher, Gate market data shows that the Hang Seng Index rose by more than 3%, with chip and technology stocks leading the gains and showing strong performance.
The computing chip concept saw renewed activity, with CloudWalk Technology rising over 10%.
Mars Finance reported on July 8th that the computing chip concept saw renewed activity, with Cloudwalk Technology surging over 10%, Rockchip nearing its daily limit, and Fudan Microelectronics, ASR Microelectronics, Wantong Development, Espressif Systems, and VeriSilicon following suit. In terms of news, JPMorgan Chase predicts that ASIC chip shipments will accelerate significantly in the next two years. In 2026, ASIC shipments are projected to reach 6.8 million units, while GPU shipments are expected to reach 9.5 million units, with ASICs accounting for approximately 42% of global AI chip shipments. However, by 2027, ASIC shipments are projected to reach 12.5 million units, accounting for 53%, surpassing GPUs' 10.9 million units for the first time. (Science and Technology Treasure Broadcast)