SK Hynix Leads U.S. Premarket Storage Stocks With 5.13% Gain

SK Hynix (SKHY) rose 5.13% in U.S. premarket trading Friday, leading a mixed storage session as optical communications, semiconductor and most neocloud stocks also posted gains.

All five listed optical communications stocks advanced by more than 2%. Credo (CRDO) gained 2.70%, Coherent (COHR) rose 2.56%, Applied Optoelectronics (AAOI) added 2.54%, Astera Labs (ALAB) climbed 2.11% and Lumentum (LITE) gained 2.05%.

Semiconductor shares also moved higher. Intel (INTC) rose 2.12%, Applied Materials (AMAT) gained 1.58%, Lam Research (LRCX) added 1.56%, Arm (ARM) climbed 1.48%, Advanced Micro Devices (AMD) rose 1.43% and Nvidia (NVDA) gained 0.70%.

Most neocloud stocks advanced, including Hut 8 (HUT), up 2.39%; CoreWeave (CRWV), up 2.16%; Nebius (NBIS), up 1.28%; and Galaxy Digital (GLXY), up 1.05%.

Storage stocks moved in both directions. SanDisk (SNDK) gained 2.32% and Micron Technology (MU) rose 1.63%, while Western Digital (WDC) fell 4.01% and Seagate Technology (STX) declined 0.64%.