Huo Xing Finance reports that on September 17, according to BIT (Bit.com) market data, following the confirmation of the Fed's interest rate hike expectations, U.S. stocks in the AI chip and optical communications sectors generally rose, while the storage sector showed mixed performance: NVIDIA (NVDA.O) rose 0.82%; Intel (INTC.O) rose 4.03%; AMD (AMD.O) rose 1.65%. Applied Optoelectronics (AAOI) rose 1.52%; Lumentum (LITE) rose 9.59%; Coherent (COHR) rose 6.92%; Marvell Technology (MRVL) rose 3.61%; Nokia (NOK) rose 3.05%; Corning (GLW) rose 0.41%. Micron Technology (MU) fell 0.11%; SanDisk (SNDK) fell 0.71%; SK Hynix ADR (SKHY) rose 0.02%; Western Digital (WDC) rose 1.22%; Seagate Technology (STX) rose 1.47%.
Fed rate hike confirmed; U.S. AI chip and optical communication sectors rise
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Summary
Fed news confirmed a rate hike on September 17, 2026, pushing the U.S. AI chip and optical communication sectors higher. Intel (INTC.O) rose 4.03%, Lumentum (LITE) gained 9.59%, and Coherent (COHR) climbed 6.92%. Storage stocks were mixed, with Micron Technology (MU) down 0.11% and SanDisk (SNDK) falling 0.71%. The Fear & Greed Index reflected shifting market sentiment amid the Fed news.
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