Nebius Jumps 11.22% as Neocloud and Chip Stocks Outpace Nasdaq

Nebius led an advance in neocloud, optical communications, storage and semiconductor shares during Tuesday’s U.S. session. Every listed stock gained at least 1.92%, exceeding the Nasdaq Composite’s 1.18% rise.

The S&P 500 gained 0.60%, while the Dow Jones Industrial Average added 0.03% on Oct. 27.

Nebius (NBIS) rose 11.22%, leading the listed neocloud stocks. Cipher Digital (CIFR) gained 9.99%, Galaxy Digital (GLXY) rose 9.57%, Applied Digital (APLD) advanced 9.42%, CoreWeave (CRWV) added 7.94% and IREN climbed 7.90%.

In optical communications, Credo (CRDO) gained 10.77% and Astera Labs (ALAB) rose 10.47%. Applied Optoelectronics (AAOI) added 6.96%, Coherent (COHR) climbed 6.38% and Lumentum (LITE) advanced 5.88%.

Western Digital (WDC) led the listed storage stocks with a 6.95% gain. SanDisk (SNDK) rose 3.92%, Seagate Technology (STX) gained 3.67%, Micron Technology (MU) added 2.77% and 海力士 (SKHY) rose 1.92%.

Among semiconductor stocks, AMD gained 5.45%, Marvell Technology (MRVL) rose 4.19%, Broadcom (AVGO) added 4%, Intel (INTC) climbed 3.61%, and 台积电 (TSM) and ASML each gained 2.94%.