US stocks opened with the Nasdaq up 1.56%, semiconductor and storage sectors strengthened, Nvidia rebounded with a 2.6% increase.

BlockBeats news, November 11 - According to data from the BIT stock platform, at the U.S. stock market open, the Dow rose 0.2%, the S&P 500 index rose 0.9%, and the Nasdaq rose 1.56%. Coreweave surged 14.5% after previously reporting better-than-expected earnings. Nvidia rebounded 2.6% today after closing lower for two consecutive days. Chip stocks generally advanced, with SK Hynix up 7.6%.

The semiconductor and memory sectors opened broadly stronger. Seagate Technology (STX) rose 8.22%; Western Digital (WDC) rose 6.71%; SanDisk (SNDK) rose 8.93%; Micron Technology (MU) rose 6.92%; Nvidia (NVDA) rose 2.75%; Intel (INTC) rose 6.33%; Advanced Micro Devices (AMD) rose 3.52%.

Crypto-related stocks opened slightly higher. Strategy (MSTR) rose 0.40%; Coinbase (COIN) rose 1.84%; Circle (CRCL) rose 1.60%; BitMine (BMNR) rose 1.96%; SharpLink (SBET) rose 1.97%.

The optical communications sector posted some of the largest gains at the open. FOTO rose 6.72%; Marvell Technology (MRVL) rose 8.34%; Applied Optoelectronics (AAOI) rose 8.32%; Lumentum (LITE) rose 10.67%; Coherent (COHR) rose 8.49%; Ciena (CIEN) rose 8.82%; Fabrinet (FN) rose 5.80%; AXT (AXTI) rose 12.39%.