According to BlockBeats and BIT market data, U.S. stocks opened higher on July 9, with the Dow Jones Industrial Average up 0.08%, the S&P 500 up 0.2%, and the Nasdaq up 0.2%. Micron Technology surged over 6% after announcing plans to expand its U.S. investment to over $250 billion by 2035. High-end processor maker Qualcomm rose 1.9%, while Meta declined 3.4% as it prepares to launch an AI chip in September.
Storage stocks rallied broadly, with Seagate up 7.02%, Western Digital up 7.02%, and SanDisk up 4.93%. Coherent Optical Processor (COP) concept stocks also rebounded significantly, with Applied Optoelectronics up 5.81% and Lumentum up 7.97%.