In pre-market US trading, semiconductor, storage, and optical communication sectors generally declined; Western Digital fell over 7%, while SK Hynix ADR dropped more than 6%.
BlockBeats News, July 16, according to BIT(bit.com) market data, U.S. semiconductor stocks mostly fell in pre-market trading. Arm fell 4.70%, TSMC fell 4.52%, Marvell Technology fell 3.77%, AMD fell 3.25%, Lam Research fell 3.12%, and NVIDIA fell 1.62%.
The storage sector led the declines, with Western Digital falling 7.13%, SK Hynix ADR falling 6.66%, SanDisk falling 6.69%, Seagate Technology falling 5.46%, and Micron Technology falling 4.11%.
Optical communication concept stocks collectively weakened, with Astera Labs falling 4.45%, Coherent falling 4.43%, Corning falling 4.19%, Applied Optoelectronics falling 3.98%, Nokia falling 3.82%, and Credo falling 3.61%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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