The three major U.S. stock indexes opened slightly lower, with Apple and Nvidia dropping more than 1%.
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Glonghui, April 7 — As U.S. President Trump issued a “final warning” to Iran, the U.S. military launched strikes on more than 50 military targets on Kharg Island. The three major U.S. stock indexes opened slightly lower, with the Nasdaq down 0.31%, the S&P 500 Index down 0.21%, and the Dow Jones down 0.2%. Nvidia fell more than 1% after KeyBanc indicated that Rubin’s mass production process was impacted by HBM supply bottlenecks, and this year’s production might be reduced to about 1.5 million units. Apple declined 1.7% on reports that engineering tests for Apple’s first foldable iPhone have encountered obstacles, possibly delaying mass production. Broadcom rose 3.8% after reaching a long-term agreement with Google to supply TPU chips, deepening its cooperation with Anthropic. Intel climbed more than 2% amid reports that Intel is in talks with Amazon and Google for collaboration on advanced packaging services.
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