The expectation of the Federal Reserve raising interest rates has landed, and the AI chip and optical communication sectors of the US stock market have generally risen, while the storage sector has shown differentiation in performance

After the expected interest rate hike by the Federal Reserve landed, the AI chip and optical communication sectors of the US stock market generally rose, while the storage sector showed differentiation in performance. Nvidia (NVDA. O) rose 0.82%, Intel (INTC. O) rose 4.03%, and AMD (AMD. O) rose 1.65%. Applied Optoelectronics (AAOI) rose 1.52%, Lumentum (LITE) rose 9.59%, Coherent (COHR) rose 6.92%, Maxwell Technologies (MRVL) rose 3.61%, Nokia (NOK) rose 3.05%, and Corning (GLW) rose 0.41%. Micron Technology (MU) fell 0.11%, SanDisk (SNDK) fell 0.71%, SK Hynix ADR (SKHY) rose 0.02%, Western Digital (WDC) rose 1.22%, and Seagate Technology (STX) rose 1.47%.