Market

September 16, U.S. stocks opened higher with the Dow Jones Industrial Average up 0.05% at 52,120.72, the S&P 500 gaining 0.26% to 7,605.67 and the Nasdaq Composite advancing 0.47% to 26,104.18. Chip optimism and easing bond yields underpinned a cautious but positive tone ahead of key economic data and the Federal Reserve’s policy meeting.

Intel rallies 5.4% after unveiling its first 1.5-nanometer “Eagle Stream” server processors. Nokia climbs 4.6% on a 6G network deal with AT&T. Coherent adds 4.2% as the laser supplier raised third-quarter revenue guidance. Bloom Energy rises 2.3% on a $1.2 billion fuel-cell order from Amazon. Advanced Micro Devices gains 2.1% on fresh AI accelerator demand. Microsoft falls 1.0% after a $2 billion EU antitrust fine, while Direxion Daily Semiconductors Bear 3x Shares ETF slides 4.8% as short bets unwind.

United Microelectronics ADRs jump 3.5% on record August sales, Trip.com Group surges 3.3% amid a travel rebound, WAH FU EDUCATION GROUP LTD leaps 17.3% in meme-like trading, Coinbase Global climbs 1.1% after winning approval for an Ether staking ETF and Taiwan Semiconductor Manufacturing advances 1.7% on stronger pricing guidance.

News

Intel unveils 1.5-nm Eagle Stream server chips, shares surge 5.4%. The next-generation processors promise big performance gains for AI workloads. Investors cheered the product roadmap acceleration.

Nokia secures multibillion-dollar 6G contract with AT&T, stock rises 4.6%. The deal cements the Finnish vendor’s foothold in North American networks and boosts revenue visibility through 2030.

Coherent lifts Q3 outlook on AI-driven laser demand, climbs 4.2%. Management cited robust orders from data-center customers and higher gross margins.

Bloom Energy wins $1.2 billion fuel-cell deal with Amazon, up 2.3%. The long-term agreement expands Bloom’s footprint in zero-carbon power solutions for hyperscale facilities.

Advanced Micro Devices launches MI400 GPU accelerators, gains 2.1%. Early benchmarks show the chips outperforming rivals in generative AI tasks, reinforcing AMD’s competitive position.

Microsoft fined $2 billion by EU over cloud bundling practices, slips 1%. Regulators said the company abused its dominance; the firm plans to appeal.

Coinbase Global wins SEC nod for Ether staking ETF, advances 1.1%. The approval could unlock a new revenue stream and broaden institutional crypto adoption.

United Microelectronics posts record August revenue, ADRs jump 3.5%. Strong automotive and IoT chip shipments drove the Taiwanese foundry’s sales to an all-time high.

Direxion Daily Semiconductors Bear 3x Shares ETF tumbles 4.8% as chip rally squeezes shorts. The leveraged fund extended its weekly loss to over 12% amid surging semiconductor names.

WAH FU EDUCATION GROUP LTD rockets 17.3% on low-float trading frenzy. The micro-cap education stock saw volume spike tenfold with no fundamental news, triggering volatility halts.