US Stock Market Mixed as Chipmakers Slide

2026-08-24 20:09 By Isabela Couto 1 min. read

US stocks closed mixed on Monday as losses in chipmakers offset gains across broader sectors.

The S&P 500 fell 0.3% and the Nasdaq lost 1%, while the Dow added 140 points.

AI infrastructure stocks led the declines amid persistent uncertainty over returns in the sector, although support from upcoming LLM developer IPOs helped offset concerns that capital spending on chips may have been excessive.

Broadcom fell 2.6%, Micron lost 5.8%, AMD shed 3.5%, Intel retreated 3.1% and Sandisk tumbled 6.4%.

Nvidia dropped 2.9% ahead of its earnings report on Wednesday, the next major catalyst for the AI trade.

Meanwhile, energy prices eased but remained elevated as the US pledged to isolate Iran economically, adding to concerns over inflation as high energy costs magnified the impact of elevated deficit spending and Treasury bond-buyback efforts.

Still, credit services stocks recovered from last week’s pullback, with Visa up 3.1% and Mastercard adding 3.3%.



News Stream
The Dow Jones Index Closes 0.26% Higher
The Dow Jones Index went up by 140 points or 0.26 percent on Monday to close at 53417 points. The rise was led by Visa (3.17%), Walmart (2.74%) and Walt Disney (2.70%). On the downside, the weakerst performers were Nvidia (-2.92%), Caterpillar (-2.03%) and IBM (-1.94%).
2026-08-24
US Stock Market Mixed as Chipmakers Slide
US stocks closed mixed on Monday as losses in chipmakers offset gains across broader sectors. The S&P 500 fell 0.3% and the Nasdaq lost 1%, while the Dow added 140 points. AI infrastructure stocks led the declines amid persistent uncertainty over returns in the sector, although support from upcoming LLM developer IPOs helped offset concerns that capital spending on chips may have been excessive. Broadcom fell 2.6%, Micron lost 5.8%, AMD shed 3.5%, Intel retreated 3.1% and Sandisk tumbled 6.4%. Nvidia dropped 2.9% ahead of its earnings report on Wednesday, the next major catalyst for the AI trade. Meanwhile, energy prices eased but remained elevated as the US pledged to isolate Iran economically, adding to concerns over inflation as high energy costs magnified the impact of elevated deficit spending and Treasury bond-buyback efforts. Still, credit services stocks recovered from last week’s pullback, with Visa up 3.1% and Mastercard adding 3.3%.
2026-08-24
US Stocks Start Week Mixed
US stocks were mixed on Monday as losses for chip producers offset gains in broader sectors. The S&P 500 fell 0.3% and the Nasdaq 100 fell over 1%, although the Dow inched higher. AI infrastructure stocks led the losses on persistent uncertainty over the outlook on returns in the sector, with support from incoming LLM developer IPOs offsetting concerns that capital expenditure on chips has been overdone. Micron, Marvell, and Sandisk were between 6% and 10%. Meanwhile, Nvidia dropped 1% ahead of its earnings on Wednesday after the bell, the next catalyst for the AI trade. Meanwhile, energy prices eased but remained elevated as the US pledged to isolate Iran economically. This added to lingering concerns of elevated inflation as high energy prices magnified the impact of high deficit spending and Treasury intervention to buy back bonds. Still, credit services were higher following last week's pullback, with Visa and Mastercard adding 2%.
2026-08-24