At the opening of US stock markets, semiconductor, optical communication and storage stocks extended their rally, with AAOI and ALAB both surging more than 13%.

1 hours ago

According to BIT (bit.com) market data, after US stocks opened on Friday, the semiconductor, optical communications and storage sectors generally strengthened, extending their gains from the previous day. Most semiconductor stocks rose, with Marvell Technology (MRVL) up 8.54%, SK Hynix (SKHY) up 8.09%, Intel (INTC) up 6.90%, Arm (ARM) up 6.88%, Lam Research (LRCX) up 6.60%, Applied Materials (AMAT) up 6.34%, and AMD (AMD) up 6.13%. Optical communication-related stocks led the gains, with Applied Optoelectronics (AAOI) up 13.38%, Astera Labs (ALAB) up 13.25%, Coherent (COHR) up 11.91%, Lumentum (LITE) up 10.12%, Corning (GLW) up 7.68%, and Credo (CRDO) up 7.15%. The entire storage sector rose across the board, with SanDisk (SNDK) up 8.49%, SK Hynix (SKHY) up 8.09%, Western Digital (WDC) up 7.84%, Seagate Technology (STX) up 7.63%, and Micron Technology (MU) up 5.91%.

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