US Stock Futures Up, Neocloud, Optical Communication, and Semiconductor Stocks Rise, SKHY Up Over 4%

BlockBeats News, August 20th, according to BIT (bit.com) market data, the US stock market saw a pre-market surge on Thursday in storage, Neocloud, optical communication, and semiconductor stocks.

Storage stocks rose across the board, with SK Hynix (SKHY) up 4.58%, SanDisk (SNDK) up 2.14%, Seagate Technology (STX) up 1.85%, Micron Technology (MU) up 1.70%, and Western Digital (WDC) up 1.39%.

The Neocloud sector showed collective strength, with Galaxy Digital (GLXY) up 2.28%, Cipher Digital (CIFR) up 2.20%, Nebius (NBIS) up 2.07%, Hut 8 (HUT) up 1.85%, and TeraWulf (WULF) up 1.81%.

Most optical communication stocks rose, with Applied Optoelectronics (AAOI) up 2.55%, Credo (CRDO) up 2.21%, Coherent (COHR) up 1.81%, Lumentum (LITE) up 1.68%; Nokia (NOK) down 0.20%.

Semiconductor stocks all rose, with Broadcom (AVGO) up 1.21%, Lam Research (LRCX) up 1.17%, KLA Corporation (KLAC) up 1.15%, ARM up 0.98%, and AMD up 0.85%.