BlockBeats news, November 6th - According to data from the BIT stock platform, Neocloud, semiconductor, optical communication, and storage stocks all rebounded comprehensively at the U.S. stock market open.
Neocloud stocks led the gains, with IREN up 19.97%, Cipher Digital (CIFR) up 11.71%, Hut 8 (HUT) up 10.10%, Nebius (NBIS) up 9.00%, Applied Digital (APLD) up 8.93%, and Core Scientific (CORZ) up 7.34%.
Among semiconductor stocks, Lam Research (LRCX) rose 10.25%, AMD rose 8.72%, TSMC (TSM) rose 7.43%, KLA (KLAC) rose 7.09%, Applied Materials (AMAT) rose 7.07%, and NVIDIA (NVDA) rose 6.19%.
Optical communication concept stocks strengthened, with Coherent (COHR) up 11.09%, Ciena (CIEN) up 8.68%, Astera Labs (ALAB) up 8.56%, Credo (CRDO) up 7.86%, Lumentum (LITE) up 6.86%, and Marvell Technology (MRVL) up 6.76%.
Storage stocks also rose in tandem, with SanDisk (SNDK) up 9.12%, Micron Technology (MU) up 6.95%, Seagate Technology (STX) up 4.95%, Western Digital (WDC) up 4.10%, and SK Hynix (SKHY) up 3.39%.
