Woofun AI data shows that US equities closed higher on Thursday, with the Dow Jones Industrial Average gaining 0.26%, the S&P 500 rising 0.8%, and the Nasdaq Composite climbing 1.3%.

Semiconductor and optical communication sectors drove the rally. Lumentum (LITE) surged 11.13%, while Arm (ARM) rose 9.20%. Other notable gainers included Lam Research (LRCX) up 6.01%, AMD up 5.67%, and Broadcom (AVGO) up 3.20%. Storage stocks also strengthened, with SanDisk (SNDK) rising 7.59% and Western Digital (WDC) up 5.04%.