U.S. stocks opened higher, with the Dow up 0.18% and the S&P 500 up 0.05%, while the Nasdaq fell 0.04%.

Chip stocks weakened, with SK hynix (SKHY.O) down 3.2%, Micron Technology (MU.O) down 3.16%, SanDisk (SNDK.O) down 3.28%, and Western Digital (WDC.O) down more than 2%.