24H | Memory Chip Stocks Rise With SanDisk up 3%, Micron up 1%; Applied Optoelectronics Gains 3%

US Overnight08:14

Dow Futures rose 0.02%, S&P 500 Futures rose 0.10%, Nasdaq Futures rose 0.26%, as sentiment leaned cautiously optimistic.

Memory chip stocks gained. SanDisk rising 2.6%, Micron and Western Digital rising 1.3%, Roundhill Memory ETF, Seagate Technology, and SK hynix rose 1.2%.

Chip stocks rose, with STMicroelectronics NV (STM) rising 2.23%, Navitas Semiconductor Corp (NVTS) rising 1.73%, Intel rising 1.40%, Direxion Daily Semiconductors Bull 3x Shares (SOXL) rising 1.30%, Cerebras Systems (CBRS) rising 1.25%, Advanced Micro Devices (AMD) rising 1.13%.

Elsewhere in individual stocks, Applied Optoelectronics (AAOI) climbed 2.53%, while Bloom Energy Corp (BE) advanced 2.06%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment