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

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
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