Optical Communication Stocks Surge 7.7% Ahead of U.S. Market Open

Pre-market gains led by Lumentum +7.7% and Nokia +6.4%, with semiconductor and storage names like Marvell and Micron also posting double-digit basis point advances.

Woofun AI reports that semiconductor, optical communication, and storage equities advanced prior to the U.S. market open on August 12. Optical communication shares led the rally, with Lumentum (LITE) climbing 7.73% and Nokia (NOK) rising 6.36%, while Coherent (COHR) gained 5.12%. Semiconductor stocks posted broad gains, including Marvell Technology (MRVL) up 3.08% and Intel (INTC) up 2.19%. Storage sector names also strengthened, with SanDisk (SNDK) rising 3.38% and Micron (MU) gaining 2.36%.