MetaEra Reports Gains in Optical Communication, Storage, and Semiconductor Stocks on U.S. Market Open

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MetaEra’s on-chain analysis shows gains in optical communication, storage, and semiconductor stocks following the U.S. market open. On September 9 (UTC+8), the Dow fell 0.70%, the S&P 500 dropped 0.29%, and the Nasdaq declined 0.34%. Optical communication stocks led the gains, with Nokia (NOK) up 4.11%, Marvell (MRVL) up 3.38%, and Arm (ARM) up 4.68%. SK Hynix (SKHY) rose 3.36%, and AMD gained 1.86%. On-chain data indicates mixed performance for Neocloud stocks.

ME News report, September 9 (UTC+8): According to BIT (bit.com) market data, U.S. stock markets opened lower, with the Dow Jones Industrial Average down 0.70%, the S&P 500 down 0.29%, and the Nasdaq Composite down 0.34%. Optical communications stocks led gains. Nokia (NOK) rose 4.11%, Marvell Technology (MRVL) increased 3.38%, Astera Labs (ALAB) gained 2.98%, Coherent (COHR) rose 2.92%, and Lumentum (LITE) climbed 2.81%. Storage sector stocks generally advanced. SK Hynix (SKHY) rose 3.36%, Western Digital (WDC) gained 1.55%, Seagate Technology (STX) increased 0.44%, SanDisk (SNDK) rose 0.43%, and Micron Technology (MU) climbed 0.31%. Semiconductor stocks extended gains. Arm (ARM) rose 4.68%, Marvell Technology (MRVL) gained 3.38%, Qualcomm (QCOM) increased 2.86%, and AMD rose 1.86%. Neocloud stocks were mixed. Nebius (NBIS) rose 1.95%, Hut 8 (HUT) gained 1.17%, and Applied Digital (APLD) increased 0.55%; Cipher Digital (CIFR) fell 1.76%, and Galaxy Digital (GLXY) declined 1.11%. (Source: BlockBeats)

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