tech

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 0.5%, the S&P 500 index fell by 0.1%, and the Nasdaq Composite Index slightly decreased by 0.05%. Marvell Technology (MRVL.O) rose by 9.3%, having increased by over 30% in the previous trading day. Intel (INTC.O) rose by 8.9%, after having fallen for five consecutive trading days. Broadcom (AVGO.O) rose by 1.2%, and will announce its second-quarter financial report after hours.

Recently, the technology sector of the US stock market has been active, with stocks related to memory chips and data center infrastructure continuously attracting capital attention. According to Gate market data, Micron Technology (MUUSDT) reached a high of $1077.17 in 24 hours, currently reported at $1059.81, with a 24-hour increase of 3.76%; Marvell Technology (MRVLUSDT) reached a high of $330.72 in 24 hours, currently reported at $322.68, with a 24-hour increase of 47.06%.According to CoinGlass data, Gate MU (Micron Technology) had a 24-hour trading volume of $13.1083 million; Gate MRVL (Marvell Technology) had a 24-hour trading volume of $10.4389 million, with MRVL (Marvell Technology) seeing an increase in trading volume of 1255.60%, both ranking among the industry's leaders.

Longevity technology startup NewLimit announced the completion of a $435 million Series C funding round, with a valuation of $3.1 billion. This round was led by Founders Fund, a fund under Peter Thiel, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, and Valor Equity Partners, while also bringing in new investors such as Thrive Capital, Greenoaks, and Quiet Capital.In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers, and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.

According to Gate market data, U.S. stocks closed higher on Tuesday, with the Dow Jones Industrial Average initially rising by 0.45%, the S&P 500 index up by 0.1%, and the Nasdaq slightly up. Microsoft (MSFT.O) fell by 4%, Google (GOOG.O) dropped nearly 4%, and Marvell Technology (MRVL.O) surged by 32%. The Nasdaq Golden Dragon China Index closed up by 1.8%, with Alibaba (BABA.N) rising over 4%.

According to Jinshi reports, the Philadelphia Semiconductor Index rose by 4.2%, with Marvell Technology (MRVL.O) increasing by 24%, becoming the leading stock in the index.

According to Gate market data, the Nasdaq 100 index turned positive, with Micron Technology rising 22%, Broadcom rising 5.3%, and NVIDIA rising 3.1%.

According to Gate market data, U.S. stocks opened with the Dow Jones down 0.4%, the S&P 500 down 0.18%, and the Nasdaq down 0.2%. NVIDIA (NVDA.O) rose 0.6%, and NVIDIA Spectrum-X Ethernet silicon photonics technology has been fully mass-produced. Marvell Technology Group (MRVL.O) surged 16%, and Jensen Huang is optimistic that it will be the next trillion-dollar company. Broadcom (AVGO.O) rose 5%, and Morgan Stanley maintained a buy rating and raised the target price. STMicroelectronics rose 10%, and the company announced an increase in its full-year revenue target for the data center business.

According to the official website of the Shanghai Stock Exchange, the IPO review status of Yushu Technology Co., Ltd. has changed to submitted for registration.

According to Jinshi reports, Citigroup strategists have stated that the excessive bullish positions in U.S. tech stocks are putting investors at risk of a market reversal.The Citigroup team pointed out that the ongoing enthusiasm for artificial intelligence has pushed bullish market bets to the limit, particularly making the Nasdaq 100 index vulnerable to shocks. Since hitting a bottom in late March, the S&P 500 index has risen by 20%, and the Nasdaq 100 index has soared by 33%.

According to Gate market data, the pre-market performance of star tech stocks in the US shows a mixed trend, with Broadcom up 5.5%, Oracle down 2.5%, Google and Intel both down 2%, and AMD and Microsoft down 1.5%.

The Shanghai Stock Exchange Listing Review Committee held its 31st listing review meeting of 2026. The review results indicate that Yushu Technology Co., Ltd.'s initial public offering meets the issuance conditions, listing conditions, and information disclosure requirements.

According to Gate market data, most US tech stocks rose before the market opened, with Arm rising over 8%, Micron Technology up over 3%, Oracle up 2.8%, and Microsoft up 2.3%.

According to a notice from MiniMax Group Inc., the board of directors has resolved to explore a preliminary proposal for the issuance of RMB shares, which may involve entering into agreements with professional advisors and consulting with relevant securities or other regulatory agencies.The company has engaged professional advisors to provide consulting on compliance with the listing requirements on the Sci-Tech Innovation Board and has signed a mentoring agreement. The issuance of RMB shares will depend on market conditions and necessary regulatory approvals.

According to Gate market data, the US iShares Technology Software Industry ETF rose by 2.4%, reaching a new high in four months.

According to Gate market data, the S&P 500 technology sector has reached a historic high, with a current increase of 1.7%.

Recently, the semiconductor and memory chip sectors of the US stock market have continued to strengthen, with significant increases in trading activity for related assets. According to Gate market data, Micron Technology (MU) reached a 24-hour high of $951.26, currently reported at $936.77, with a 24-hour increase of 2.76%; SanDisk (SNDK) reached a 24-hour high of $1693.83, currently reported at $1654.41, with a 24-hour increase of 5.94%.According to CoinGlass data, the 24-hour contract trading volume for MU (Micron Technology) on the Gate platform reached $15.1529 million, while SNDK (SanDisk) reached $11.2302 million, both ranking among the top in the industry, with related trading activity continuing to rise.As global demand for traditional asset allocations like US stocks continues to grow, Gate is continuously bridging cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading global mainstream assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital utilization flexibility.Gate has launched over 130 US stock-related perpetual contract targets, as well as over 430 CFD contract targets, and is continuously expanding its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

Yuga Labs CEO Michael Figge posted on the X platform that the team will make some adjustments to ApeCoin. Yuga Labs and ApeCo previously adopted a parallel coordination model due to unclear regulations, resulting in lower efficiency.As the regulatory environment changes, the team has decided to simplify the structure and eliminate the independent ApeCo leader role. ApeCo leader Cam will depart, and the core technology and BD teams of ApeChain will work directly with Yuga Labs, while other members will also leave, with the transition to be completed by June 5.

Aave Labs has released an ARFC proposal, suggesting the establishment of a standardized technical asset listing framework for Aave V3, V4, and Aave Horizon, setting unified technical requirements for asset listing, parameter expansion, and ongoing monitoring. The framework covers core areas such as ERC20 compatibility, oracles, permission control, minting and burning logic, pause and blacklist mechanisms, upgradability, exchange rates and yield mechanisms, token architecture, cross-chain bridge risks, audit and security history, and external dependencies. This framework does not replace market risk analysis and governance judgment but provides a technical qualification baseline.The framework aims to address "hidden risks" such as unlimited issuance, weak upgrade permissions, inconsistent bridging supply, opaque redemption paths, and reliance on off-chain custody. These issues may directly threaten the protocol's solvency, liquidation systems, and collateral parameter security. The framework particularly emphasizes additional scrutiny for cross-chain assets, yield-bearing assets, and off-chain dependent assets such as RWAs, including bridge structures, off-chain legal arrangements, custody mechanisms, and supply integrity. Assets with significant technical flaws may face reduced borrowing limits, restricted collateral parameters, delayed launches, or even recommendations to deny access to the protocol in the future.