U.S. pre-market: optical communications, semiconductors, and Neocloud stocks broadly rise, storage stocks diverge, SK Hynix up over 5%.

BlockBeats news, October 23 - According to BIT (bit.com) market data, US pre-market trading saw broad gains in optical communication, semiconductor, and Neocloud stocks. Among them:

Optical communication concept stocks rose across the board. Credo (CRDO) gained 2.70%, Coherent (COHR) rose 2.56%, Applied Optoelectronics (AAOI) climbed 2.54%, Astera Labs (ALAB) advanced 2.11%, and Lumentum (LITE) added 2.05%.

Semiconductor stocks strengthened in tandem, with Intel (INTC) up 2.12%, Applied Materials (AMAT) up 1.58%, Lam Research (LRCX) up 1.56%, Arm (ARM) up 1.48%, AMD up 1.43%, and Nvidia (NVDA) up 0.70%.

Most Neocloud stocks gained, with Hut 8 (HUT) up 2.39%, CoreWeave (CRWV) up 2.16%, Nebius (NBIS) up 1.28%, and Galaxy Digital (GLXY) up 1.05%.

Storage stocks showed mixed performance, with SK Hynix (SKHY) up 5.13%, SanDisk (SNDK) up 2.32%, and Micron Technology (MU) up 1.63%; Western Digital (WDC) fell 4.01% and Seagate Technology (STX) declined 0.64%.