Memory and AI-related stocks saw broad gains, with Kioxia up 17%, Samsung up 6%, and multi
Memory and AI-related stocks saw broad gains, with Kioxia up 17%, Samsung up 6%, and multiple optical networking, neocloud, and chip stocks rising 4%+ premarket, suggesting a Cramer effect on the AI trade.
“Memory names from Kioxia finished up a whopping +17.18%. Samsung up +6.15%. Optical networking from $SIVE, $LITE, and $AAOI are showing signs of recovery, all up 4%+. Neoclouds from $NBIS to $IREN all up 4%+ premarket. $INTC to $AMD to $MRVL all up 4%+. Does the Cramer effect work on the entire AI trade?”Original post:X / @aleabitoreddit ↗
Related stocks
LITEBullish
+8.69% today
-0.51% 90d
LITE, as part of optical networking recovery, was up 4%+ premarket.
Trade ↗AAOIBullish
+13.00% today
-23.25% 90d
AAOI gained 4%+, indicating recovery in optical networking.
Trade ↗NBISBullish
+14.99% today
+33.19% 90d
Neocloud stocks like NBIS rose 4%+ premarket, showing strength in cloud/AI infrastructure.
Trade ↗