Nvidia's Big Week Starts With Mixed Markets as Micron Drops 6%

finance.yahoo.com

U.S. stock markets were mixed on Monday as AI hardware makers fell while buyers of the technology rose, ahead of Nvidia's earnings report. The Dow Jones Industrial Average gained 0.24%, while the S&P 500 slipped 0.33% and the Nasdaq Composite dropped 0.61%. Micron Technology fell 6% after reports suggested the Trump administration might allow Apple to buy memory chips from Chinese suppliers, and a Micron researcher warned that AI computing speed is outpacing memory bandwidth. Nvidia fell 2.1% ahead of its Wednesday earnings report, while Alphabet rose 1.7% and Visa gained 2.8%. Nvidia's Q2 2027 results, the Federal Reserve's preferred inflation gauge, and a Jackson Hole speech by Fed Chairman Kevin Warsh are scheduled this week. The ongoing Iran war and Treasury Secretary Scott Bessent's new sanctions push also loom over markets.


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Nvidia's Big Week Starts With Mixed Markets as Micron Drops 6% | News Minimalist