U.S. stocks finished higher on Sept. 22, with the Nasdaq Composite rising 2.26% to a fresh record close, according to market data from BIT (bit.com). The Dow Jones Industrial Average added 0.71%, while the S&P 500 gained 1.49%. Chip stocks posted broad gains across the session, and Advanced Micro Devices (AMD) surged 9.95%, taking its market capitalization above $1 trillion for the first time. Semiconductor, storage, and optical communications names also moved higher as a group. In semiconductors and storage, Intel rose 12.14%, Qualcomm added 9.29%, Nvidia gained 2.30%, Micron advanced 2.77%, Seagate climbed 2.16%, and Western Digital rose 1.54%, while SanDisk fell 1.41%. Among optical communications-related stocks, the Purely Photonics ETF (FOTO) rose 2.49%, Marvell Technology gained 5.38%, Applied Optoelectronics advanced 3.33%, Lumentum Holdings rose 2.53%, Coherent added 1.31%, Ciena climbed 4.92%, Fabrinet gained 3.35%, AXT jumped 14.14%, and Nokia rose 2.43%.
U.S. stocks closed higher on Sept. 22, with the Nasdaq Composite up 2.26% to another record close, according to market data from BIT (bit.com). The Dow Jones Industrial Average rose 0.71%, and the S&P 500 gained 1.49%.
Chip stocks rallied across the board. Advanced Micro Devices (AMD) climbed 9.95%, pushing its market capitalization above $1 trillion for the first time. Semiconductor, storage, and optical communications shares also moved higher as a group.
Semiconductor and storage stocks advance
Within the semiconductor and storage segment, Seagate Technology (STX) rose 2.16%, Western Digital (WDC) gained 1.54%, SanDisk (SNDK) fell 1.41%, Micron Technology (MU) added 2.77%, Nvidia (NVDA) rose 2.30%, Intel (INTC) jumped 12.14%, AMD gained 9.95%, and Qualcomm (QCOM) advanced 9.29%.
Optical communications names mostly higher
Among optical communications-related stocks, the Purely Photonics ETF (FOTO) rose 2.49%, Marvell Technology (MRVL) gained 5.38%, Applied Optoelectronics (AAOI) added 3.33%, Lumentum Holdings (LITE) rose 2.53%, Coherent Corp. (COHR) gained 1.31%, Ciena Corporation (CIEN) climbed 4.92%, Fabrinet (FN) advanced 3.35%, AXT Inc. (AXTI) jumped 14.14%, and Nokia (NOK) rose 2.43%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
