Bullish

US Optical Comms Stocks Surge 7% Ahead of Trading Session

2026-08-07 20:48

Coherent leads optical communications gains with over 7% rise pre-market, while storage stocks like SanDisk also post significant increases following US jobs data.

Woofun AI reports that US optical communications equities advanced ahead of the trading session, with Coherent climbing more than 7%. Corning and Lumentum each gained over 5%, while Micron and Credo rose by more than 4%. The storage sector also recorded broad pre-market increases. SanDisk led the group with a 5.31% gain, followed by Micron at 3.76%, Western Digital at 3.64%, Seagate at 3.04%, and SK Hynix at 1.16%.

WOOFUN AI

Impact Assessment · Quick Read

The pre-market rally in optical communications and storage sectors suggests investors are positioning for potential policy shifts following the unexpected decline in US non-farm jobs. Strong performance in Coherent and SanDisk indicates renewed interest in infrastructure and hardware plays, which may benefit related supply chain assets if momentum continues into regular trading.
Generated by WOOFUN AI · For reference only, not investment advice

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