US pre-market trading sees broad gains in semiconductor, storage, and optical communication sectors, with NOK rising nearly 5%.
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According to market data from BIT (bit.com), U.S. pre-market trading on Wednesday saw modest strength in the semiconductor, storage, and optical communications sectors. Semiconductor stocks rose broadly: Lam Research (LRCX) gained 0.91%, Applied Materials (AMAT) climbed 0.41%, and Arm (ARM) advanced 1.12%. The storage sector also trended higher, with SK Hynix (SKHY) up 1.63%, Micron Technology (MU) rising 0.84%, Western Digital (WDC) gaining 0.38%, SanDisk (SNDK) increasing 1.19%, and Seagate Technology (STX) adding 0.39%. Optical communication-related stocks led the gains: Astera Labs (ALAB) rose 1.31%, Applied Optoelectronics (AAOI) gained 0.98%, Coherent (COHR) advanced 0.79%, Credo (CRDO) up 0.95%, Lumentum (LITE) climbed 0.5%, and Nokia (NOK) jumped 4.79%.
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