Nasdaq 100 Diverges: Memory Chips and AI Infrastructure Lead Gains, Internet and Travel Stocks Decline

Nasdaq 100 stocks showed mixed performance as investors favored AI infrastructure and memory chip sectors while rotating out of internet platforms and consumer services. Notable gainers included Marvell (MRVL) up 5.45%, Datadog (DDOG) up 6.27%, Meta Platforms (META) up 4.98%, Astera Labs (ALAB) up 5.06%, Micron Technology (MU) up 3.34%, AMD (AMD) up 2.91%, Arm (ARM) up 2.64%, and Lumentum (LITE) up 2.84%.