Ranked No. 1 by trading volume on U.S. stock markets on Wednesday$Micron Technology (MU.US)$Closed down 1.17%, with trading volume of USD 29.732 billion.
Bank of America stated that the HBM market size will reach USD 246 billion by 2030, a sevenfold increase, driving upgrades in the semiconductor industry, and raised Micron Technology's price target to USD 1,550.
On July 22, U.S. investment bank Bank of America (BofA) released a forecast stating that the high-bandwidth memory (HBM) market size will expand from approximately USD 35 billion (around KRW 52 trillion) to USD 246 billion (approximately KRW 363 trillion) by 2030, representing a sevenfold overall increase.
2nd place$NVIDIA (NVDA.US)$Closed up 2.30%, with trading volume of USD 28.872 billion.
NVIDIA announced on Wednesday the open-sourcing of its first GPU-accelerated medical physics simulation framework.
3rd place$SanDisk (SNDK.US)$Closed up 0.62%, with trading volume of USD 16.388 billion.
Wells Fargo & Co raised Western Digital's price target from USD 43 to USD 44 on Wednesday.
4th place$Advanced Micro Devices (AMD.US)$ Closed up 1.45%, with trading volume of USD 13.576 billion.
Advanced Micro Devices announced on Wednesday a strategic partnership with AI company Anthropic, planning to invest up to USD 5 billion in the company over time. As part of the deal, Anthropic will deploy 2 gigawatts of AMD Instinct MI450 series GPUs within its AMD Helios rack-scale solutions, with the first gigawatt coming online in the first half of next year. This move further extends AMD’s presence in the AI computing market, following similar agreements previously signed with companies such as OpenAI. To address infrastructure pressures stemming from surging business demand, Anthropic has entered into multiple computing capacity deals this year with$SpaceX (SPCX.US)$、$Amazon (AMZN.US)$, Google, and$Broadcom (AVGO.US)$various partners. The company has seen a sharp rise in performance due to the success of its AI coding assistant, Claude Code, achieving annualized revenue exceeding USD 47 billion, a valuation of USD 965 billion, and has confidentially filed an IPO prospectus, potentially going public as early as this year.
5th place $Apple (AAPL.US)$ Fell 0.56%, with trading volume of USD 12.586 billion.
Apple is preparing to launch new versions across its entire Mac product lineup between this fall and next year, including updates to both desktops and laptops. The new computers will include an entry-level 14-inch MacBook Pro powered by the all-new M6 chip, a completely redesigned iMac, and high-end 14-inch and 16-inch MacBook models featuring a new design and OLED touch displays. Apple also plans to refresh its MacBook Air and MacBook Pro lines and introduce updated Mac mini and Mac Studio models equipped with upgraded chips, although their release timelines may be affected by challenges in memory chip supply.
8th Place $SpaceX (SPCX.US)$ Fell 6.70%, with trading volume of USD 10.886 billion.
SpaceX announced it will release its second-quarter 2026 financial results after the U.S. stock market closes on Tuesday, August 4, 2026.
This Q2 earnings report not only offers the market its first comprehensive official glimpse into SpaceX’s underlying financial fundamentals since its Nasdaq listing but will also trigger one of the largest insider share unlockings in financial history.
According to SpaceX’s phased lock-up agreement, 20% of the shares held by eligible insiders and all employees (up to a total of 911.5 million shares) will be released from lock-up restrictions on the second trading day following the release of this Q2 earnings report.
As this critical milestone approaches, short sellers continue to increase their positions: according to S3 Partners, approximately 206 million shares of SpaceX stock are currently sold short, representing about 32% of its publicly traded float, with a notional short position valued at roughly USD 25 billion.
SpaceX: The Falcon Heavy booster has completed additional pre-launch tests. Preparations are now underway for the earliest possible launch of Starship on Thursday, July 23, local time. Current weather conditions remain a key concern affecting the launch.
Ranked 10th $Amazon (AMZN.US)$ Fell 1.09%, with trading volume of USD 8.186 billion.
On Wednesday, Amazon carried out layoffs within its Artificial General Intelligence (AGI) division—the latest in a series of smaller-scale workforce reductions following the company’s large-scale layoffs in January. “We have been building large AI models for years, and this remains one of our most important initiatives,” a spokesperson for Amazon said. “We are focusing our efforts on the projects that matter most to customers to accelerate progress in key areas. This focus requires making difficult decisions, including reducing roles within the AGI organization.”
Ranked 11th $Intel (INTC.US)$ Fell 2.68%, with trading volume of USD 8.1 billion.
On Monday local time, Intel issued a written statement to the newspaper revealing that it had notified employees in its Data Center Group of an upcoming round of layoffs.
Intel stated that this restructuring will streamline operations and enhance decision-making efficiency, and emphasized that the changes will not affect product delivery commitments or its technology roadmap. The company wrote: “We will treat all impacted employees with respect and provide support resources to help them transition smoothly.” The exact number of positions to be eliminated has not yet been disclosed.
This round of adjustments is part of Intel's ongoing organizational streamlining initiative in recent years. Over the past four years, Intel has reduced its global workforce by nearly 40%, cutting tens of thousands of positions as it seeks to return to profitability through cost reductions.
Intel employed approximately 132,000 people in 2022; as of March 28 this year, its total headcount stood at around 83,200, representing a significant reduction from 2022 levels.
13th place$Meta Platforms (META.US)$Closed down 2.58%, with trading volume reaching $6.757 billion.
An internal incubator within Meta Platforms focused on AI products and tools is developing its own dispatch service to compete with OpenRouter. This service routes certain AI tasks to lower-cost models to reduce overall compute expenses.
The incubator, named AAI Labs, falls under Meta’s Applied AI Engineering team. Meta formally established this unit in March of this year, enabling employees to submit proposals for self-developed AI products and tools, which are prioritized for internal deployment and may later be officially released externally. According to internal documents reviewed by The Information, once a project proposal is approved, the company forms a small dedicated team to complete development and, depending on circumstances, brings it to market.
A July internal memo indicated that AAI Labs currently has approximately 200 approved projects, spanning three key areas: consumer applications, developer tools, and enterprise internal infrastructure.
Rank 15$Super Micro Computer (SMCI.US)$Closed up 19.84%, with trading volume reaching $5.01 billion.
Super Micro Computer released preliminary results for its fiscal fourth quarter ended June 30, reporting expected GAAP and non-GAAP gross margins between 15% and 17%—nearly double the previously guided range of 8.2% to 8.4%. Management attributed this outperformance to a favorable customer mix and product portfolio. Additionally, the company recorded new orders exceeding $60 billion during the quarter, setting a new record high.
16th place$GE Vernova (GEV.US)$Closed down 8.69%, with trading volume reaching $4.893 billion.
The company reported second-quarter revenue of $11.1 billion, up 22% year-over-year, with orders reaching a record $24.2 billion, an 88% increase from the same period last year. Its Power segment benefited from a surge in gas turbine demand, while its Electrification segment directly gained from AI-driven data center expansion, with orders from data center customers exceeding $5 billion year-to-date.
Ranking 17th$Palantir (PLTR.US)$Closed down 6.10%, with trading volume reaching $4.806 billion.
On July 22, the UK Statistics Regulator (OSR) stated that following an investigation, NHS England has agreed to add a key qualifier on the homepage of its official website regarding claims about the effectiveness of Palantir’s software, acknowledging that existing data do not demonstrate its efficacy.
The regulator also urged NHS England to ensure that communications regarding the benefits of Palantir’s software are “clear and appropriately caveated,” and expressed its expectation that NHS England strengthen the role of its statistical team to ensure that any data cited by ministers or in official briefings are communicated “in a clear and accurate manner.”
Want to select stocks or get a stock diagnosis? Curious about the opportunities and risks in your portfolio? For all your investment questions,Just ask Futubull AI!
Editor/Liam