On July 17, the Philadelphia Semiconductor Index opened down 3.24% in the U.S. stock market. Among the component stocks, Nvidia's share price fell by 2.52%, TSMC's share price dropped by 4.77%, Broadcom's share price decreased by 1.92%, Micron Technology's share price declined by 2.78%, Advanced Micro Devices' share price was down by 4.02%, and ASML's share price fell by 2.74%.
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Philadelphia Semiconductor Index Opens Down Over 3%
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US Central Command: No US Troops Captured or Killed Recently
On July 17, the US Central Command stated that Iranian forces claimed to have attacked US troops stationed in Syria's Tanf and captured or killed American soldiers during the incident. This claim is false, and there have been no US personnel killed or captured in the region recently. (Jinshi) -
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US Military Night Raid in Iran Destroys Multiple Bridges
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U.S. Stock Indices Open Lower; Semiconductor Sector Continues Adjustment
All three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 1.03%, the S&P 500 down 1.19%, and the Nasdaq Composite down 1.80%. The semiconductor sector continues its adjustment. Nvidia's stock price fell by 2.07%, TSMC's stock price dropped by 4.49%, Broadcom's stock price decreased by 1.62%, SK Hynix's stock price declined by 2.33%, Micron Technology's stock price fell by 3.19%, Advanced Micro Devices' stock price dropped by 3.86%, ASML's stock price decreased by 2.46%, Intel's stock price fell by 3.69%, Lam Research's stock price dropped by 4.62%, and ARM's stock price declined by 4.77%. -
Philadelphia Semiconductor Index Falls Over 3%, Approaching Bear Market
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Apple Reclaims Top Spot in Global Market Value, Surpassing Nvidia After 3 Months
On July 17, Nvidia's stock fell by 3.2%, further reducing its market value to approximately $4.86 trillion, while Apple's market value rose to about $4.90 trillion due to a recent strong rally. Apple has regained the position of the world's most valuable company. Notably, Apple's cumulative increase since the beginning of the year has reached 22.8%, with an 11.2% rise in the past 20 days, showing a significantly stronger performance than the market; Nvidia has been nearly flat over the past 20 days (-3%), indicating a clear short-term momentum weakness compared to Apple. This marks Apple's return to the top of the global market value rankings after several months. Market analysts point out that Apple's recent surge is boosted by expectations for the implementation of AI features, coupled with continued institutional buying, which has provided ongoing support for its stock price; Nvidia, on the other hand, is facing profit-taking pressure due to its high valuation. -
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IRGC Reiterates: No Oil Will Flow from the Middle East as Long as the U.S. Continues Its Actions
On July 17, the Iranian Revolutionary Guard Corps (IRGC) issued another statement: In response to the aggressive actions of the U.S. military, we targeted the special operations command center of U.S. forces at the Tanf military base in Syria, destroying a radar system and several helicopters used for special operations, resulting in casualties among U.S. personnel. Iran maintains full control over the Strait of Hormuz, and as long as U.S. aggression continues, not a drop of oil or gas will be exported through the region.
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