Nvidia’s latest quarterly results lifted a broad range of AI-linked U.S. stocks in after-hours trading on Wednesday, according to market data cited by BlockBeats from BIT (bit.com). The chipmaker reported another quarter that came in above market expectations and said it expects sales to grow by about 70% in the next fiscal year.
The move spread across several segments tied to AI infrastructure. In memory, SK Hynix rose 4.48%, SanDisk gained 3.71%, Micron Technology added 3.67%, Seagate Technology climbed 3.15%, and Western Digital rose 3.11%. Neocloud names also advanced, led by Nebius at 6.27%, followed by CoreWeave at 4.76%, Applied Digital at 3.26%, while IREN and Core Scientific each gained 3.16%.
Optical communications stocks moved higher as well, including Applied Optoelectronics, Marvell Technology, Credo, Coherent, and Astera Labs. Semiconductor names also posted gains, with Arm up 4.18%, Marvell and Nvidia both up 4.08%, Lam Research up 2.65%, and KLA up 2.42%.
Nvidia’s latest quarterly results pushed a wide group of AI-related U.S. stocks higher in Wednesday after-hours trading, according to market data cited by BlockBeats from BIT (bit.com).
The company reported another quarter that beat market expectations and said it expects sales to grow by about 70% in the next fiscal year. That result lifted AI-linked shares across memory, neocloud, optical communications, and semiconductors.
Memory stocks moved higher
In the memory segment, SK Hynix (SKHY) rose 4.48%, SanDisk (SNDK) gained 3.71%, Micron Technology (MU) added 3.67%, Seagate Technology (STX) climbed 3.15%, and Western Digital (WDC) rose 3.11%.
Neocloud shares broadly advanced
Neocloud names also posted broad gains. Nebius (NBIS) rose 6.27%, CoreWeave (CRWV) gained 4.76%, Applied Digital (APLD) added 3.26%, while IREN and Core Scientific (CORZ) both climbed 3.16%.
Optical communications and chip stocks also gained
Optical communications stocks were higher across the board, with Applied Optoelectronics (AAOI) up 4.25%, Marvell Technology (MRVL) up 4.08%, Credo (CRDO) up 3.78%, Coherent (COHR) up 3.35%, and Astera Labs (ALAB) up 3.34%.
Semiconductor stocks also strengthened. Arm rose 4.18%, Marvell Technology and Nvidia (NVDA) each gained 4.08%, Lam Research (LRCX) added 2.65%, and KLA (KLAC) rose 2.42%.
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