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[Breaking] Mixed Fortunes for Semiconductor Stocks on NYSE... Micron Plunges 3.62%, Nvidia, AMD, and Intel Rise

On the 14th (Korean time), major tech stocks moved in divergent directions on the U.S. New York stock market. Memory chipmaker Micron Technology fell more than 3%, while Nvidia, AMD, and Intel closed higher. Among large-cap tech stocks, Meta posted a relatively sharp gain. ▲ Micron Falls 3.62% Desp

Wooil Shim
Staff Reporter
7 min read
[Breaking] Mixed Fortunes for Semiconductor Stocks on NYSE... Micron Plunges 3.62%, Nvidia, AMD, and Intel Rise
CBC News

On the 14th (Korean time), major tech stocks moved in divergent directions on the U.S. New York stock market. Memory chipmaker Micron Technology fell more than 3%, while Nvidia, AMD, and Intel closed higher. Among large-cap tech stocks, Meta posted a relatively sharp gain.

▲ Micron Falls 3.62% Despite Topping Trading Value

According to closing data from the U.S. stock market, Micron Technology (MU) finished trading at $953.19, down $35.85 (3.62%) from the previous session. Trading volume came to 28,845,193 shares, with trading value tallied at $27.189 billion. Micron recorded the highest trading value among the 10 stocks presented, yet its share price declined. This suggests that selling pressure dominated even as trading remained active. However, it is difficult to determine the trading direction of institutional or foreign investors based on trading value alone.

▲ Nvidia, AMD, and Intel Close Higher

Nvidia (NVDA) closed at $228.52, up $2.20 (0.97%) from the previous session. It recorded a trading volume of 83,502,313 shares and a trading value of $18.925 billion. AMD finished trading at $605.53, up $11.29 (1.90%), while Intel (INTC) closed the session at $102.81, up $1.46 (1.44%).

It is notable that companies in the same semiconductor sector moved in different directions. Micron's weakness did not spread across Nvidia, AMD, and Intel. This differentiation shows that the semiconductor sector as a whole cannot be interpreted as moving in a single direction. However, whether the ups and downs of individual stocks stem from the memory chip market conditions or changes in AI-related demand requires further confirmation.

▲ Meta Up 2.63%... Apple, Microsoft, and Alphabet Post Limited Gains

Meta (META) finished trading at $762.50, up $19.54 (2.63%) from the previous session. Trading volume was 22,601,496 shares, with trading value at $17.203 billion. Apple (AAPL) closed up $0.30 (0.09%) at $341.27, and Microsoft (MSFT) recorded $543.45, up $2.30 (0.43%). Alphabet Class A (GOOGL) also finished trading at $353.78, up $1.06 (0.30%). Compared with Meta's gain of more than 2%, the increases for Apple, Microsoft, and Alphabet were relatively limited.

▲ SpaceX Posts Largest Drop at 4.21%... 10 Stocks: 7 Up, 3 Down

There were also declining stocks. SanDisk (SNDK) closed down $5.00 (0.34%) at $1,482.33. SpaceX (SPCX) recorded $156.54, down $6.88 (4.21%), marking the steepest decline among the stocks provided.

Overall, 7 of the 10 stocks rose and 3 fell. Advancing issues outnumbered decliners, but the drops in Micron and SpaceX were relatively large. Notably, the semiconductor sector simultaneously saw Micron's decline and gains in Nvidia, AMD, and Intel. This suggests that investors may be making different assessments even within the same sector, depending on each company's circumstances. Going forward, whether weakness in memory chip-related stocks will persist and whether the upward trend in other semiconductor names such as Nvidia and AMD will be maintained are expected to be key market points to watch.

[The reasons for each stock's movement require separate confirmation, and this article does not recommend buying or selling any particular stock. The stock market can fluctuate due to various factors, and investment decisions and responsibilities rest with the investor. AI assistance was used in writing this article.]

Wooil Shim
Staff Reporter

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