On Thursday, U.S. stock market optical communication and cloud computing service concept stocks experienced a broad rally.
As of the time of writing, MaxLinear (MXL.US) shares surged over 7%. Applied Optoelectronics (AAOI.US) and Hut 8 (HUT.US) both climbed more than 5%. Lumentum (LITE.US) rose over 4%, while AXTI (AXTI.US) also gained over 4%. IREN (IREN.US) advanced more than 2.7%. Corning (GLW.US) increased by over 2%, and Coherent (COHR.US) added more than 3%. Nebius (NBIS.US) was up over 4%, and CoreWeave (CRWV.US) traded more than 1.6% higher.