Applied Digital and Western Digital Gain More Than 6% in Broad Rally

Applied Digital and Western Digital each climbed more than 6% at Monday’s U.S. close as AI infrastructure-related shares advanced across storage, data-center computing, semiconductors and optical communications. Western Digital rose 6.09%, while Applied Digital gained 6.65%. Storage shares all finished higher: SanDisk advanced 5.53%, Seagate Technology 3.41% and Micron Technology 2.97%. Neocloud stocks posted gains that included TeraWulf up 3.25%, Nebius 2.88%, IREN 2.74% and Core Scientific 1.85%. Semiconductor names also gained. Marvell Technology rose 4.06%, Lam Research 3.13%, Intel 2.43%, Taiwan Semiconductor Manufacturing 1.86% and Nvidia 1.38%. Nvidia’s move trailed each of the other four listed chip stocks.

Source: TokenPost