TechFlow News, June 3: According to Bitget market data, U.S. equities opened with the Dow Jones Industrial Average down 0.5%, the S&P 500 down 0.1%, and the Nasdaq Composite down 0.05%. Marvell Technology (MRVL.O) rose another 9.3%, following a gain of over 30% in the prior trading session. Intel (INTC.O) surged 9.25%, reversing five consecutive days of declines. Broadcom (AVGO.O) gained 1.2% and will release its Q2 earnings after market close.
U.S. semiconductor and memory stocks broadly advanced, with the following notable moves: Marvell Technology (MRVL.O) up 9.29%; NVIDIA (NVDA) down 0.22%; Intel (INTC) up 9.25%; Advanced Micro Devices (AMD) up 3.10%; Broadcom (AVGO) up 1.14%; Qualcomm (QCOM) down 1.89%; Seagate Technology (STX) up 1.73%; Western Digital (WDC) up 3.71%; SanDisk (SNDK) up 1.84%.
Meanwhile, crypto-related stocks broadly declined: MicroStrategy (MSTR) down 0.94%; Coinbase (COIN) down 1.68%; Circle (CRCL) down 2.75%; SharpLink Gaming (SBET) down 1.19%.
