U.S. pre-market: storage, optical communications, semiconductor, and Neocloud stocks mostly rise; SNDK up 2.74%.
November 3 - According to data from the BIT stock platform, storage stocks rose across the board in pre-market trading on the U.S. stock market. SanDisk (SNDK) rose 2.74%, Micron Technology (MU) rose 2.35%, Seagate Technology (STX) rose 1.54%, Western Digital (WDC) rose 1.42%, and SK Hynix (SKHY) rose 1.14%.
Most optical communication concept stocks moved higher, with Lumentum (LITE) up 2.42%, Applied Optoelectronics (AAOI) up 2.40%, Astera Labs (ALAB) up 2.23%, Marvell Technology (MRVL) up 2.21%, and Coherent (COHR) up 2.15%.
Most semiconductor stocks rose, with AMD up 2.50%, Intel (INTC) up 2.48%, Marvell Technology (MRVL) up 2.21%, Lam Research (LRCX) up 2.20%, Arm (ARM) up 2.07%, and Nvidia (NVDA) up 1.31%.
Most Neocloud stocks moved higher, with Nebius (NBIS) up 2.55%, IREN up 2.50%, Cipher Digital (CIFR) up 2.19%, and CoreWeave (CRWV) up 1.87%; Hut 8 (HUT) fell 0.77%, Galaxy Digital (GLXY) fell 0.35%, and Core Scientific (CORZ) fell 0.28%.