The three major US stock indices opened higher, with the Nasdaq rising 1.38%

The three major US stock indices collectively opened higher, with the Nasdaq up 1.38%, the S&P 500 up 0.79%, and the Dow Jones Industrial Average up 0.26%. The storage chip sector rebounded, with Intel rising over 11%, Micron Technology rising over 8%, Western Digital rising over 5%, and SanDisk, Seagate Technology, and AMD rising over 4%. The optical communication stocks opened significantly higher, with Corning and Maiweier Technology rising by over 8%, and POET rising by over 3%.