US Stock Futures Extend Decline Pre-market, Semiconductor, Storage, and Optical Communication Sectors Downward, Micron, and SanDisk Both Drop Over 5%

BlockBeats News, July 8th, according to BIT (bit.com) market data, the pre-market trading of US semiconductor stocks is generally down. Marvell Technology (MRVL) is down 4.46%, Arm (ARM) is down 3.51%, Intel (INTC) is down 3.47%, Lam Research (LRCX) is down 3.11%, and Applied Materials (AMAT) is down 2.85%.

The storage sector leads the decline, with SanDisk (SNDK) down 5.59%, Micron Technology (MU) down 5.28%, Western Digital (WDC) down 4.53%, and Seagate Technology (STX) down 4.19%.

Optical communication concept stocks are also under pressure, with Astera Labs (ALAB) down 4.57%, Applied Optoelectronics (AAOI) down 4.47%, Credo (CRDO) down 4.42%, Corning (GLW) down 4.22%, Ciena (CIEN) down 3.69%, and Coherent (COHR) down 3.44%.