Chip, Optical Communications Stocks Rally With Qualcomm up 4%, SK hynix up 3%

Tiger Newspress
Yesterday

Chip stocks rallied in morning trading. Direxion Daily Semiconductors Bull 3x Shares and Qualcomm rose 4%; SK hynix and Intel rose 3%; AMD and Arm rose 2%; Micron, Nvidia, and ASML rose 1%.

Optical communications stocks rose in morning trading. AXT and Coherent rose 3%; Semtech rose 2%; Corning, Photonics & Optics ETF, and Applied Optoelectronics rose 1%.

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