AI-linked stocks jump after OpenAI releases Astra model
Shares tied to AI rallied after OpenAI released its latest model, called Astra. CoreWeave shares rose 15% on Tuesday, while optics and laser-equipment makers Lumentum and Coherent also advanced.
Stocks tied to artificial intelligence were rallying Tuesday as enthusiasm grew over OpenAI’s latest model, Astra. CoreWeave, an AI cloud infrastructure company, rose 15% Tuesday. Lumentum and Coherent, which make optical and laser equipment used by AI data centers, were also among the gainers.