In pre-market trading in the US, the semiconductor, storage, and optical communications sectors are rallying in tandem, with SK Hynix ADR surging more than 6%.
1 hours ago
According to BIT (bit.com) market data, U.S. stocks saw simultaneous strength in the semiconductor, storage, and optical communication sectors during pre-market trading on Friday. Semiconductor stocks rose broadly: Lam Research (LRCX) gained 3.81%, Intel (INTC) climbed 5.67%, Applied Materials (AMAT) advanced 3.83%, and Arm (ARM) jumped 5.99%. The storage sector led gains, with SK Hynix (SKHY) up 6.45%, Micron Technology (MU) rising 3.35%, Western Digital (WDC) increasing 4.48%, SanDisk (SNDK) advancing 4.41%, and Seagate Technology (STX) gaining 2.91%. Optical communication-related stocks also trended higher: Astera Labs (ALAB) rose 8.78%, Applied Optoelectronics (AAOI) climbed 6.6%, Coherent (COHR) advanced 5.94%, Credo (CRDO) jumped 6.28%, and Lumentum (LITE) gained 4.47%.
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