TechFlow News, June 25: According to Bitget market data, U.S. equities opened higher—the Dow Jones Industrial Average rose 0.58%, the S&P 500 Index gained 0.79%, and the Nasdaq Composite increased 0.97%. IBM (IBM.N) opened up 0.91% after announcing on Thursday the launch of the world’s first sub-1-nanometer chip technology. Micron Technology (MU.O) surged 17% following its release of robust earnings that significantly exceeded expectations. Apple (AAPL.O) opened down 2.27% after raising prices for multiple products—including Macs and iPads—due to shortages of memory chips.
U.S. semiconductor and memory stocks broadly rallied: Marvell Technology (MRVL.O) rose 5.40%; NVIDIA (NVDA) gained 0.67%; Intel (INTC) climbed 5.70%; Advanced Micro Devices (AMD) advanced 5.19%; Broadcom (AVGO) rose 0.82%; Qualcomm (QCOM) surged 9.97%; Seagate Technology (STX) jumped 11.21%; Western Digital (WDC) rose 12.28%; and SanDisk (SNDK) surged 17.46%.
Meanwhile, crypto-related stocks posted mixed results: MicroStrategy (MSTR) rose 0.52%; Coinbase (COIN) gained 1.08%; Circle (CRCL) fell 0.51%; and SharpLink Gaming (SBET) declined 4.93%.
