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Credo Leads Among Listed AI Infrastructure Stocks With 8.38% Opening Gain

TeraWulf advanced 6.66%, while Seagate Technology gained 5.55% and Lumentum rose 5.84%.

Updated 1 min read
Pedestrians cross a plaza outside Nasdaq MarketSite in Times Square, New York. (AI-generated image / EconoTimes)
Pedestrians cross a plaza outside Nasdaq MarketSite in Times Square, New York. (AI-generated image / EconoTimes)

Among the AI-infrastructure shares listed, Credo had the largest reported opening rise Wednesday, at 8.38%.

Chipmaker AMD rose 3.44%, while ASML gained 3.07%, Arm added 2.46% and Nvidia advanced 2.29%. Across the stocks listed, gains ranged from Credo’s 8.38% rise to Nvidia’s 2.29% increase.

Cloud operators TeraWulf and Hut 8 advanced 6.66% and 5.78%, respectively. Cipher Digital rose 5.74%, Applied Digital gained 5.35%, IREN added 5.32% and Nebius climbed 4.05%.

Optical-networking companies Lumentum and Applied Optoelectronics gained 5.84% and 4.59%, respectively. Ciena rose 4.39%, Marvell Technology added 4.01% and Coherent advanced 3.88%.

Storage stocks Seagate Technology and SK hynix rose 5.55% and 4.08%. Western Digital gained 3.98%, SanDisk added 3.77% and Micron Technology advanced 3.48%.

The figures are an opening snapshot from Oct. 21; they do not show how the stocks performed over the full session.

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