# Nasdaq-100 Climbs 3.28% as AI-Related Shares Rebound

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/52411
Published: 2026-11-09T16:09:54.000Z
Updated: 2026-11-09T16:09:54.000Z
Section: Investing

> Coherent rose 17.28% and AMD gained 11.2%, while Nvidia fell 3.8% in the same market snapshot.

U.S. technology shares climbed, with the Nasdaq-100 up 3.28% as gains in AI-related networking and storage stocks accompanied a broader stock market rebound.

Coherent Corp. (COHR) rose 17.28%, leading the optical networking names in the market snapshot. Lumentum Holdings Inc. (LITE) gained 13.71%, Marvell Technology Inc. (MRVL) climbed 11.59% and Applied Optoelectronics Inc. (AAOI) added 7.44%.

Storage shares also advanced. Seagate Technology Holdings plc (STX) gained 9.21%, Western Digital Corp. (WDC) rose 8.4% and Micron Technology Inc. (MU) added 7.14%. The gains extended across several companies tied to the equipment used in AI computing.

Chipmakers moved in different directions. Advanced Micro Devices Inc. (AMD) rose 11.2%, while Nvidia Corp. (NVDA) fell 3.8%. Nvidia’s decline meant the rebound did not extend to every major AI-related stock.

The advance reached beyond technology shares: The S&P 500 gained 2.2% and the Dow Jones Industrial Average rose 1.77% in the same snapshot. The Nasdaq-100 outpaced both broader indexes.