The New York stock market closed mixed amid weakness in semiconductor shares. While the Dow Jones Industrial Average rose, semiconductor stocks such as Nvidia and Micron Technology fell across the board, dragging down the S&P 500 and the Nasdaq.

■ Dow Rises, S&P 500 and Nasdaq Fall

In the New York session that ended the morning of the 25th Korean time, the Dow rose 140.15 points (0.26%) from the previous session to 53,417.16. The S&P 500 fell 21.51 points (0.28%) to 7,652.86, and the tech-heavy Nasdaq Composite dropped 200.27 points (0.76%) to 25,980.19.

■ Selling Pressure Across the Semiconductor Sector

Semiconductors were the market's weak link on the day. The Philadelphia Semiconductor Index fell 2.7% to 11,423.17, with selling pressure spreading across its constituents.

Nvidia in particular slid 2.91%, extending its losing streak to seven sessions. With Nvidia's earnings report approaching, investors grew cautious, and concerns over funding costs and debt burdens tied to the recent expansion of AI-related investment are seen to have weighed on sentiment toward tech stocks.

Memory chip stocks fell even harder. Micron Technology plunged 5.83%, AMD dropped 3.49%, and Broadcom slipped 2.63%. SK Hynix's American Depositary Receipts (ADR) also fell 4.92%, unable to escape the broader semiconductor downturn.

■ Meta, Amazon and Other Big Tech Names Rise

In contrast to chipmakers, some large-cap tech stocks advanced. Meta Platforms gained 1.66%, Amazon rose 1.33%, Alphabet climbed 0.94%, and Microsoft added 0.84%, showing divergence within the tech sector.

■ Nvidia Earnings and Treasury Yields Are Key Variables Ahead

Nvidia's upcoming earnings report is being cited in the market as one of the key variables that will shape the direction of semiconductor and AI-related stocks. Increasingly, investors are evaluating not only the growth potential of the AI industry itself but also the cost of financing large-scale infrastructure investments and movements in long-term Treasury yields.

The U.S. Treasury market is another variable. Long-term yields showed signs of calming after their recent surge, but concerns over the U.S. fiscal burden and the supply of long-dated bonds still linger in the market. As a result, Nvidia's earnings and the trajectory of Treasury yields could influence the short-term direction of tech and semiconductor stocks.

[This article was written with AI assistance. It is investment reference information based on publicly available market materials and does not recommend buying or selling any specific stock. Investment decisions and the responsibility for them rest with the investor.]