US Market Opens, Storage Concept Stocks Gain Strength

TechFlow News, August 11, according to Bitget market data, as the US stock market opened, the Dow Jones rose 0.11%, the S&P 500 Index rose 0.14%, and the Nasdaq Composite rose 0.25%. Nvidia (NVDA.O) rose 1.8%, with reports indicating the company is launching the open-source AI model Nemotron 4. Memory concept stocks strengthened, SK Hynix (SKHY.O) rose 2.4%, and SanDisk (SNDK.O) rose 1.7%. Cloud computing company Riot Platforms rose over 21%, as the company reached a $9.1 billion computing power agreement with Anthropic. Fermi surged over 20%, as the company signed a data center project lease agreement.