The Nasdaq has risen more than 7% in three days, and Western Digital surged more than 14% intraday on Monday.

According to ME AI , the Nasdaq 100 index extended its gains to 3%, hitting a new daily high above 30,530 points, and has accumulated a gain of over 7% so far in the last three trading days. Among its components, Western Digital rose 14.2%, DoorDash rose 11.5%, Micron Technology rose 8.9%, Seagate Technology rose 8.2%, Strategy& rose 7.7%, AMD and SanDisk rose at least 6.2%, Meta rose 5.5%, Google A rose 3.3%, Pinduoduo rose 3.1%, Baker Hughes fell 1.3%, Ross Stores fell 1.4%, and Diamondback Energy fell 1.9%. The S&P 500 rose 1.8%, the Dow Jones rose 1.3%, the Nasdaq rose 2.7%, the semiconductor index rose 4.6%, and the Russell 2000 index is currently up 0.9%. (Source: ME)