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SOXL, AAOI, Coherent up Around 4%; Lumentum up over 3%; SMCI, Navitas, Marvell, Corning up over 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123289200","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1123289200?lang=en_us&edition=fundamental","pubTime":"2026-08-10 16:00","pubTimestamp":1786348807,"startTime":"0","endTime":"0","summary":"Chip, storage stocks jumped in premarket trading. SOXL up over 4%; Marvell, SMCI, Navitas, UMC, Applied Materials up over 2%.Optical stocks jumped in premarket trading. 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Despiste that, China's high-end AI chip market is projected to expand rapidly, with shipments rising more than 83% year on year, TrendForce says. Domestic alternatives are expected to capture nearly 90% of the market, driven by chips developed by China's leading cloud and technology companies, and local semiconductor firms including Huawei and Cambricon. To maintain a presence in the market, Nvidia is expected to shift its focus to a lower-end product aimed at enterprise customers running smaller AI training and inference workloads, TrendForce 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