The Zhitong Finance App learned that on Tuesday, popular chip stocks generally fell, with Micron Technology (MU.US) falling more than 12% and SNDK.US (SNDK.US) falling more than 17%. The market value in July had already fallen by half; SK Hynix (SKHY.US) fell nearly 10%, TSM.US (TSM.US) fell more than 4%, and Nvidia (NVDA.US) fell more than 1%. On Wednesday, the market will host a “real-time” US Federal Reserve interest rate meeting (no policy trend is set, the probability of interest rate hikes is as high as 35%). Coupled with the financial reports released by large technology companies after the Wednesday market and Thursday, multiple events are intertwined, causing the market to generally lack the will to forge ahead. According to the news, the media revealed that Nvidia is in talks to provide a financial guarantee of 250 billion US dollars for the data center project that OpenAI plans to build in Ohio, and that it may further finance the chips required for the facility. The potential scale could reach an additional 350 billion US dollars. This move has exacerbated the market's growing unease about large technology companies' huge spending on data centers, chips, and computer memory.

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