AI concept stocks collectively "came back to life" in pre-market and intraday trading in the US market The catalyst was CoreWeave, which had been slammed just a few days ago. Its earnings report exceeded expectations, causing a pre-market surge of over 15%. This boosted SK Hynix by over 7%, and led to a broad rebound in optical communications and memory chips, even Nvidia rose by over 3%. Yesterday they were calculating whether they could repay the interest, and today they're scrambling for shares again. Meanwhile, Anthropic's IPO was oversubscribed, with rumors suggesting its valuation will be raised to $1.5 trillion. CoreWeave's CEO just admitted yesterday that he "couldn't borrow money." Today's surge is most likely a dead cat bounce driven by short covering. Before the high-interest rate guillotine falls, this kind of "resurrection" is often just another trap set for retail investors.