U.S. stock market mid-session update: Astera Labs down 7.47%

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2025.07.22 16:28
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Astera Labs fell 7.47%; NVIDIA fell 1.97%, with a trading volume of $20.2 billion; AMD fell 2.35%, with a trading volume of $4.794 billion; Broadcom fell 2.91%, with a trading volume of $2.402 billion; TSMC fell 1.58%, with a market capitalization of $1.22 trillion

U.S. Stock Market Midday Update

Astera Labs fell 7.47%, with increased trading volume. Based on recent key news:

  1. On July 21, Astera Labs CEO Jitendra Mohan sold 126,258 shares of the company stock, worth $12,183,821. This news led to a decline in market confidence in the company's management, causing the stock price to drop.

  2. On July 22, analysts rated Astera Labs as "Moderate Buy," but noted that five other stocks were more worthy of purchase, which weakened investor confidence in this stock.

  3. On July 22, despite analysts giving a positive evaluation of the company's performance, it was not included in the recommended list, leading to pressure on the stock price.

Top Stocks by Industry Trading Volume

Nvidia fell 1.97%, with increased trading volume. Based on recent important news:

  1. On July 21, Nvidia CEO Jensen Huang sold 75,000 shares, worth approximately $12.94 million, and the market reacted negatively to his reduction plan, causing the stock price to drop by 1.97%.

  2. On July 20, Nvidia announced the resumption of H20 chip sales to China, with the market expecting increased revenue, but limited inventory led to stock price fluctuations.

  3. On July 22, CITIC Securities' research report stated that Nvidia would resume H20 sales, with policy support for the AI industry chain development, affecting the stock price.

AMD fell 2.35%, with increased trading volume. Based on recent important news:

  1. On July 22, market analysis pointed out that despite AMD benefiting from the easing of export restrictions, it faced competitive pressure from Nvidia, leading to a 2.35% decline in stock price.

  2. On July 21, several institutions raised AMD's target price, but the market questioned its high valuation, impacting investor confidence.

  3. On July 22, analysts noted that AMD was not among the current top five recommended stocks, leading to a decline in market sentiment.

Broadcom fell 2.91%, with a trading volume of $2.402 billion. Based on recent important news:

  1. On July 20, Broadcom's stock was considered overvalued, and analysts suggested focusing on other more attractive AI stocks, leading to a 2.91% drop in stock price.

  2. On July 21, market enthusiasm for tech stocks weakened, and Broadcom failed to make it into the analysts' recommended top five stocks list, further pressuring the stock price.

  3. On July 22, Broadcom signed a significant contract with China State Construction Engineering Corporation, but despite the positive news, it failed to reverse the downward trend in stock price.

Top Stocks by Industry Market Capitalization

TSMC fell 1.58%, with increased trading volume. Based on recent key news:

  1. On July 21, a safety incident occurred at TSMC's Chiayi plant, leading to the suspension of some projects, raising market concerns about production progress, causing the stock price to drop

  2. On July 22, the financial reports of American tech giants are about to be released, and the market is filled with a strong sense of wait-and-see, putting pressure on TSMC's stock price.

  3. On July 21, TSMC's Vice President of Finance, Li Wenru, resigned, leading to market speculation that he may join a competitor, affecting investor confidence