U.S. stocks opened higher, but Nvidia shares fell more than 8%.

U.S. stocks opened higher, with the Dow Jones Industrial Average up 1.3%, the S&P 500 up 0.8%, and the Nasdaq Composite up 0.8%. Google (GOOG.O) rose 2.6% after the company launched two new TPUs; AMD (AMD.O) rose 5.9%, Meta Platforms (META.O) rose 3.9%, and Micron Technology (MU.O) rose 1.9%. Nvidia (NVDA.O) shares fell 8.4% at the open due to the Huang Jen-hsun-related incident.