According to Gate market data cited by ChainCatcher, Nvidia rose in after-hours trading on Wednesday after reporting another quarter that beat market expectations and projecting about 70% sales growth for the next fiscal year. The move lifted a broad set of AI-linked names. Memory stocks advanced, including SK Hynix, SanDisk, Micron Technology, Seagate Technology and Western Digital. Neocloud names also moved higher, led by Nebius and CoreWeave, with Applied Digital, IREN and Core Scientific posting gains as well. Optical communications stocks were also up across the board, including Applied Optoelectronics, Marvell Technology, Credo, Coherent and Astera Labs. Semiconductor shares followed, with Arm, Marvell, Nvidia, Lam Research and KLA all trading higher in the after-hours session. The gains reflected a wider positive reaction across segments tied to AI infrastructure and related hardware.
According to Gate market data cited by ChainCatcher, U.S. stocks moved in after-hours trading on Wednesday after Nvidia reported another quarter that beat market expectations and said sales for the next fiscal year are expected to grow by about 70%.
AI-linked sectors trade higher after the release
Memory shares posted broad gains, with SK Hynix up 4.48%, SanDisk up 3.71%, Micron Technology up 3.67%, Seagate Technology up 3.15%, and Western Digital up 3.11%.
Neocloud stocks also advanced. Nebius rose 6.27%, CoreWeave gained 4.76%, Applied Digital added 3.26%, while IREN and Core Scientific were both up 3.16%.
Optical communications names moved higher across the board, including Applied Optoelectronics at 4.25%, Marvell Technology at 4.08%, Credo at 3.78%, Coherent at 3.35%, and Astera Labs at 3.34%.
Semiconductor stocks were also stronger, with Arm up 4.18%, Marvell Technology and Nvidia both up 4.08%, Lam Research up 2.65%, and KLA up 2.42%.
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