The Dow Jones Industrial lagged behind with a pre-market premium of 0.4 percent to 32,560 points. After the Dow rose over 33,000 points to a record high last week, the leading index had recently tended to be weak.
The prices are also receiving support from the US bond market, where yields continued to decline in early trading on Wednesday. Increasing inflation expectations in the past few months had recently driven US yields and recently stalled the equity rally.
Intel wants to expand production capacities in the midst of the global semiconductor shortage and build two new factories in the US state of Arizona for around 20 billion US dollars. As a result, Intel rose in pre-market trading by 3.5 percent. The new boss Pat Gelsinger has set himself ambitious goals, judged analyst Harlan Sur of the JPMorgan bank.
From these investments, the equipment manufacturers for the chip producers are likely to like Applied Materials , KLA-Tencor, LAM Research and Micron Technology benefit. Their prices rose pre-market by up to 4.5 percent.
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Shares of Adobe advanced 2.4 percent. With the earnings forecast per share for the current year, the software developer exceeded even the highest analyst estimate. The prospect of a billion dollar capital increase by the ViacomCBS media group weighed heavily on the course again. This fell by 6 percent after falling by a good nine percent the day before.
The downward trend was even greater with the papers from Gamestop, which slumped by almost 14 percent. The retailer for computer games and entertainment software disappointed with the quarterly figures and is also considering a capital increase.