Changes in US stocks | Optical Communications concept stocks generally fall, Nokia (NOK.US) falls more than 10%

The Zhitong Finance App learned that on Monday, optical communication concept stocks generally fell, Nokia (NOK.US), Corning (GLW.US), and Coherent (COHR.US) fell more than 10%, Lumentum (LITE.US) fell more than 8%, Applied Optoelectronics (AAOI.US), Credo Technology (CRDO.US) fell more than 7%, POET Technologies (POET.US), Mywell Technology ( MRVL.US) fell more than 6%.

According to the news, the big three AI companies rarely spoke in unison to “slow down the development of cutting-edge models,” triggering market concerns about the reduction in capital expenditure on computing power infrastructure. Optical Communications bears the brunt of the AI hardware chain. However, many analysts believe that the current statement is still at the “verbal level,” and there are no actual signs of capital expenditure cuts or order reductions.