TechFlow News, May 21: U.S. equities opened lower—the Dow Jones Industrial Average fell 0.27%, the S&P 500 declined 0.39%, and the Nasdaq Composite dropped 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks with the company to use its AI chips.
U.S. semiconductor and memory stocks posted mixed results:
NVIDIA (NVDA): down 0.93%;
Intel (INTC): down 1.37%;
Advanced Micro Devices (AMD): down 0.06%;
Broadcom (AVGO): down 0.68%;
Qualcomm (QCOM): up 0.71%;
Seagate Technology (STX): up 1.06%;
Western Digital (WDC): up 0.38%;
SanDisk (SNDK): up 0.85%.
Additionally, crypto-related stocks showed mixed performance:
MicroStrategy (MSTR): up 0.76%;
Coinbase (COIN): down 1.50%;
Circle (CRCL): down 0.13%;
SharpLink Gaming (SBET): down 1.26%.
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