Memory and Optical Communication Stocks Rise Across the Board; AXTI Surges 16% in Early Trading, SanDisk, AAOI and LITE Up Over 11%
On Wednesday, memory and optical communication-related stocks rose across the board. AXT Inc surged 16% in early trading, SanDisk Corp., Applied Optoelectronics and Lumentum gained over 11%, while Seagate Technology PLC, Micron Technology, SK hynix and Coherent climbed over 7%.
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