U.S. stocks closed, chip stocks plummeted, SanDisk dropped 14%

According to Gate market data, U.S. stocks closed higher on Thursday, with the Dow Jones Industrial Average initially rising by 1.1%, setting a new closing high. The S&P 500 index slightly fell, and the Nasdaq dropped by 0.8%. Micron Technology fell by 5.4%, SanDisk plummeted by 14%, Intel dropped by 5%, and Seagate Technology and Western Digital fell around 10%. Apple rose against the trend by 4.8%, while Meta fell nearly 5%. The Nasdaq China Golden Dragon Index fell by 1.77%, with Baidu and Xpeng Motors dropping around 4%.