NASDAQ 100 Constituents Show Divergent Performance: Communication Services and Software Stocks Strengthen, AI Infrastructure and Semiconductor Sector Under Pressure

TechFlow news, July 24, according to Bitget market data, during US stock market trading, Nasdaq 100 components showed a divergent pattern of gains and losses, with communication services, software, and consumer technology sectors performing strongly, while AI infrastructure, storage, and semiconductor sectors led the declines.

In terms of gains, Workday rose 4.93%, an enterprise-level human resources and financial management software service provider; T-Mobile US rose 4.84%, a US wireless communication operator; Adobe rose 4.64%, a global leading creative design software company, owning products such as Photoshop, Premiere Pro, etc.; Intuit rose 4.54%, a tax and enterprise management software supplier; DexCom rose 3.84%, a global leading continuous glucose monitoring (CGM) device manufacturer.

In terms of declines, Nebius NV fell 10.84%, focusing on AI cloud computing and data center infrastructure services; Astera Labs fell 9.47%, an AI data center interconnect chip supplier, mainly providing server connection solutions; Broadcom fell 8.56%, a global leading semiconductor and infrastructure software supplier; CoreWeave fell 7.87%, an AI cloud computing infrastructure service provider; Lumentum fell 7.17%, mainly engaged in optical communication and laser devices, an important supplier in the high-speed optical interconnect industry chain; Marvell Technology fell 7.13%, mainly providing data center, network communication, and storage chips; Rocket Lab fell 7.13%, a US commercial aerospace company, mainly engaged in rocket launch and aerospace systems; Micron Technology fell 6.28%, a global leading storage chip manufacturer, mainly producing DRAM and NAND flash memory; Western Digital fell 5.93%, a global data storage device and hard drive manufacturer.