US stocks closed lower across the neocloud, data storage, and optical communications sectors, with IREN down nearly 8% and NVIDIA down over 5%.

According to data from the BIT stock platform, U.S. equities weakened broadly at Tuesday’s close on November 10: the Dow Jones Industrial Average fell 0.30%, the S&P 500 dropped 0.38%, and the Nasdaq Composite declined 0.74%.

Among individual stocks, shares linked to Neocloud faced broad pressure: IREN slid 7.85%, Nebius (NBIS) fell 5.27%, Cipher Digital (CIFR) dropped 4.11%, and Galaxy Digital (GLXY) declined 2.76%. In contrast, Core Scientific (CORZ) rose 3.22%, and TeraWulf (WULF) gained 1.45%.

The memory sector posted universal losses: SK Hynix (SKHY) fell 3.51%, SanDisk (SNDK) dropped 2.99%, Micron Technology (MU) declined 1.10%, Seagate Technology (STX) fell 0.89%, and Western Digital (WDC) slipped 0.20%.

Most optical communications stocks closed lower: Applied Optoelectronics (AAOI) plunged 7.26%, Coherent (COHR) dropped 4.64%, Corning (GLW) fell 3.27%, Credo (CRDO) declined 2.33%, and Lumentum (LITE) slid 1.78%. Broadcom (AVGO), however, rose 3.91%, while Ciena (CIEN) edged up 0.98%.

The semiconductor sector showed divergence: NVIDIA (NVDA) fell 5.53%, Arm (ARM) dropped 2.58%, and Intel (INTC) declined 2.09%; Broadcom (AVGO) rose 3.91%, TSMC (TSM) gained 2.05%, and AMD advanced 1.30%.