Cointime

Cointime

Download App
iOS & Android
Home / Point

U.S. Optical Communication Stocks Rise, Lumentum Up Over 6%

On August 14, U.S. optical communication stocks collectively rose, with Applied Optoelectronics increasing by over 14%, AXT Inc and MaxLinear rising by over 7%, POET Technologies and Lumentum up by over 6%, and Lightwave Logic increasing by over 5%. Corning and Tower Semiconductor also saw gains of over 4%.

Comments

All Comments

Recommended for you

  • Dunamu Reports 73% Decrease in Q2 Operating Profit to 23.5 Billion Won

    On August 14, Upbit operator Dunamu announced its Q2 2026 performance, reporting quarterly revenue of 173.5 billion won (approximately 123 million USD) and an operating profit of 23.5 billion won (approximately 16.65 million USD), representing declines of about 26% and 73% respectively compared to Q1. In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 166 million USD) with an operating profit of 88 billion won (approximately 62.34 million USD). Dunamu stated that the decline in performance this quarter was primarily influenced by the overall contraction in liquidity in the global digital asset market, which weakened investor sentiment.

  • Broadcom Shares Plunge Over 5%

    On August 14, Broadcom's stock fell more than 5% during trading; the Abu Dhabi Mubadala Investment Company completely divested its holdings in Broadcom.

  • BlackRock Transfers 249.16 BTC and 301.76 ETH to Coinbase Prime, Valued at Approximately $16.216 Million

    According to Onchain Lens monitoring, BlackRock transferred 249.16 BTC, valued at approximately $15.65 million, and 301.76 ETH, valued at approximately $566,000, from its IBIT and ETHA wallets to Coinbase Prime three hours ago.

  • Today's Bitcoin ETF Sees Net Outflow of 2,015 BTC in the U.S.

    Lookonchain reported on platform X that on August 14, the Bitcoin ETF experienced a net outflow of 2,015 BTC, valued at $126 million; over the past seven days, the net outflow totaled 3,890 BTC, worth $243 million. The Ethereum ETF saw a net outflow of 277 ETH in a single day, valued at $517,100; however, over the past week, it recorded a net inflow of 22,900 ETH, worth $42.74 million.

  • Micron Establishes $250 Million Paradigm Fund to Invest in AI Infrastructure

    Storage chip giant Micron Technology has announced the launch of the Micron Ventures Paradigm Fund, with a size of $250 million, aimed at investing in startups that drive the development of the next generation of artificial intelligence. This is the largest third fund since the establishment of Micron Ventures, increasing its total capital commitments to $550 million. The fund will cover the entire AI technology stack, including AI model architecture, computing infrastructure, enterprise applications, and physical AI. Micron stated that as AI evolves from generative models to systems with reasoning, action capabilities, and interaction with the real world, the demand for high-performance computing, memory, and storage technologies is changing. The Paradigm Fund aims to establish deeper collaborations with companies driving these technological transformations and to proactively position itself for future AI infrastructure needs. The fund focuses on four key areas: 1. Model Architecture: Promoting innovations in AI model architecture and data infrastructure that will influence future computing, memory, and storage demands; 2. Compute: Including memory computing, next-generation networking technologies, and data center efficiency optimization; 3. Enterprise Applications: Utilizing AI to transform complex industries, including semiconductor design and manufacturing; 4. Physical AI: Covering robotics and new forms of devices, extending AI capabilities into the real world. Micron Ventures previously launched Fund I in 2019 and Fund II in 2022, and the new fund will further strengthen the company's investment layout in the AI ecosystem. Micron believes that the AI era is still in its early stages, and future technological advancements will reshape the way industries operate, with memory and storage becoming key infrastructures supporting the development of the next generation of AI.

  • U.S. Stock Market: Storage Stocks Continue to Rise, SanDisk Up Over 7%, Micron and SK Hynix Up Over 3%

    On August 14, the U.S. stock market saw further gains in the storage sector, with SanDisk and Seagate Technology rising over 7%, Phison Electronics and Western Digital increasing over 4%, and Micron Technology and SK Hynix climbing over 3%.

  • SK Hynix Increases Equipment Investment by Over 70% in First Half of Year to Boost AI Storage Capacity

    On August 14, South Korean media reported that SK Hynix significantly increased its equipment and R&D investments in the first half of this year to meet the growing demand for AI storage. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, marking an increase of over 70% compared to the same period last year. According to SK Hynix's semi-annual report disclosed on the 14th, the cash expenditure for acquiring tangible assets was 18.3288 trillion won in the first half of this year, up 72.7% from 10.6157 trillion won in the same period last year. R&D spending also saw a substantial increase, totaling 6.0428 trillion won in the first half of this year, a 98.4% rise from 3.0456 trillion won last year. Of this, 5.8163 trillion won was allocated for ongoing development costs. With the increasing demand for AI-specific high-bandwidth memory (HBM), server DRAM, and enterprise-grade solid-state drives (SSD), SK Hynix is accelerating the expansion of its production facilities.

  • Michael Burry's Latest Portfolio Adjustment: Closing Tesla and Applied Materials Shorts, Increasing Nasdaq Bearish Bets

    Michael Burry, the prototype of the 'Big Short,' has revealed his latest holdings. His long positions are primarily concentrated in Adobe, MercadoLibre, Zoetis, and JD.com, with individual positions accounting for about 8%; Lululemon and PayPal each represent about 7%; and Fannie Mae, Freddie Mac, and Sprouts each account for about 5%. On the short side, Burry currently holds short positions in the iShares Semiconductor ETF (SOXX), Micron Technology, Nebius, NVIDIA, Oracle, Palantir, and Caterpillar, while also holding put options on the Invesco QQQ Trust, which make up about 6% of his portfolio. In terms of adjustments, Burry has completely closed his short positions in Tesla and Applied Materials, stating that both trades were profitable; he has also sold all SOXX put options and established a larger position in QQQ put options. Additionally, he has reduced his short position in Caterpillar and increased his short position in Micron, raising his cash allocation to 12%. Overall, his focus on shorting has shifted from merely betting on declines in the semiconductor sector to betting on declines in the entire Nasdaq market.

  • Reddit Surges Over 16% After Inclusion in S&P 500 Index

    On August 14, Reddit (RDDT.US) saw a surge of over 16%, reaching $184.28. The news comes as S&P Dow Jones Indices announced that Reddit will be added to the S&P 500 Index next week through a non-routine adjustment. Reddit's previously released financial report showed that it has achieved over 60% revenue growth for the eighth consecutive quarter, with second-quarter revenue increasing by 61% year-on-year to $805 million, and net profit attributable to shareholders rising by 183% year-on-year to $253 million, showcasing strong overall financial performance.

  • Grayscale Transfers 572.9 BTC and 44,320 LINK to Coinbase Prime

    On August 14, according to monitoring by OnchainLens, Grayscale transferred 572.9 BTC (worth approximately $35.9 million) and 44,320 LINK (worth approximately $391,000) from its Bitcoin Trust and Chainlink Trust wallets to Coinbase Prime.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company