Pre-market news | The U.S. government is expected to end the shutdown, with data storage concepts, chips, cryptocurrency concepts, and gold all rising

LB Select
2025.11.10 11:13
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Data storage concepts collectively surged, with Micron and Seagate Technology rising over 4%, and SanDisk and Western Digital increasing nearly 4%. Currently, SanDisk's stock price has risen over 580% this year. Media reports indicate that SanDisk has significantly raised NAND flash memory contract prices, with an increase of up to 50%. Most chip stocks rose, with Taiwan Semiconductor increasing nearly 3%. Taiwan Semiconductor's revenue in October was NT$367.47 billion, a year-on-year increase of 16.9% and a month-on-month increase of 11%. Cumulative revenue from January to October 2025 reached NT$3.13044 trillion, a year-on-year increase of 33.8%. At the same time, NVIDIA rose over 3%, AMD increased by 3.8%, Intel rose over 2%, and Qualcomm increased nearly 2%. The U.S. government is expected to end the shutdown, with Bitcoin returning to $106,000 and Ethereum briefly surpassing $3,600. Cryptocurrency concept stocks rose before the market, with BitMine Immersion Technologies Inc. increasing over 7%, IREN Ltd rising 6.9%, Circle Internet Corp. and MARA Holdings increasing nearly 4%, and Coinbase Global, Inc. and Strategy rising over 3%. Spot gold surged 2%, and precious metal stocks rose before the market. Golden Valley increased nearly 6%, Harmony Gold rose over 5%, and Kinross Gold increased by 3.6%. Tesla rose over 2% before the market, with news that Tesla has begun to register shares for CEO Musk's compensation plan