U.S. stocks open with memory and chip names turning higher, while Neocloud and optical communication losses narrow

News Editor

2026-09-02 13:36:35

U.S. stocks opened mixed on Sept. 2, with the Dow up 0.44%, the S&P 500 up 0.07% and the Nasdaq down 0.08%, according to BIT (bit.com) market data. AI-related names recovered after the open, helping memory and semiconductor shares turn higher. Neocloud and optical communication stocks also pared earlier losses. Among memory names, Sandisk, Micron and Seagate led gains, while most semiconductor stocks, including Qualcomm, Nvidia and Intel, moved higher. Several Neocloud and optical communication names remained lower, with Credo down 9.65% and Lumentum edging up 0.22%.

U.S. stocks opened mixed on Sept. 2, with the Dow up 0.44%, the S&P 500 up 0.07% and the Nasdaq down 0.08%, according to BIT (bit.com) market data. AI-related shares recovered after the open compared with premarket trading, lifting memory and semiconductor stocks into positive territory. Neocloud and optical communication names also narrowed their losses. Memory stocks led the move. Sandisk (SNDK) rose 1.12%, Micron Technology (MU) gained 0.84% and Seagate Technology (STX) advanced 0.65%. Western Digital (WDC) slipped 0.06%, while SK hynix (SKHY) fell 0.10%. Most semiconductor stocks turned higher. Qualcomm (QCOM) rose 0.75%, Nvidia (NVDA) gained 0.67%, Intel (INTC) climbed 0.53%, ASML (ASML) added 0.36% and Arm (ARM) increased 0.22%. In the Neocloud group, Cipher Digital (CIFR) fell 2.46%, Galaxy Digital (GLXY) dropped 2.05%, TeraWulf (WULF) lost 1.84%, CoreWeave (CRWV) declined 1.58% and Applied Digital (APLD) was down 1.52%. Optical communication stocks were mostly lower. Credo (CRDO) fell 9.65%, Coherent (COHR) lost 1.26%, Marvell Technology (MRVL) declined 1.16%, Astera Labs (ALAB) slipped 1.05% and Applied Optoelectronics (AAOI) fell 0.81%. Lumentum (LITE) rose 0.22%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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