Pre-market movements in US stocks | Most semiconductor stocks rose, with NVIDIA and Micron Tech up over 3%, AMD up over 2%, and Intel and Arm up over 1%

LB Select
2025.10.29 10:40
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In terms of sectors: On October 29th, during the pre-market session of U.S. stocks, the semiconductor sector mostly rose, with NVIDIA and Micron Tech up over 3%, AMD up over 2%, and Intel and Arm up over 1%; in terms of news: NVIDIA launched the NVQLink product at the GTC Data Center Conference, and CEO Jensen Huang delivered a speech on the frontier outlook of the AI industry. If NVIDIA maintains its current gains, its market capitalization is expected to reach $5 trillion after the opening, with the stock having risen nearly 50% this year, adding approximately $1.6 trillion in market value. Quantum computing concept stocks rose broadly in pre-market trading, with LAES up over 4%, ARQQ up over 3%, and RGTI and IONQ up over 2%; cryptocurrency concept stocks mostly saw slight increases, with APLD up over 2%, HUT and CLSK up over 1%, and CIFR, BITF, and WULF all slightly following suit. In terms of individual stocks: Nokia sharply fell nearly 6% in pre-market trading after a nearly 23% surge overnight; NVIDIA plans to invest $1 billion in Nokia to collaborate on AI 6G networks; Joby Aviation rose nearly 8%, announcing its selection as the first aviation partner for NVIDIA's new IGX Thor platform; Teradyne surged over 20%! Strong demand for artificial intelligence drove Q3 performance and Q4 guidance, both exceeding market expectations; Bloom Energy rose 19%!