AI Stocks Continue to Rise, SK Hynix ADR Surges Over 7%

BlockBeats News, July 18th, according to BIT (bit.com) market data, today after the opening of the US stock market, AI stocks experienced an initial drop followed by a rise. SK Hynix ADR led the market, currently up over 7% to $164.

In addition, Micron Technology rose by 3.63%, DELL by 1.47%, and Marvell by 0.96%.

Concept stocks related to CPO, storage, and neocloud rebounded simultaneously, with Lumentum Holdings up by 4.44%, SanDisk by 5.87%, and Nimbus up by 5.84%.

AI infrastructure stocks have not yet turned positive, but the decline has stabilized, with Applied Materials down by 2.72% and Lam Research down by 0.63%.