BlockBeats News, July 9th, according to BIT (bit.com) market data, the pre-market trading of US stocks saw a general rise in semiconductor stocks. Marvell Technology (MRVL) was up 4.33%, Micron Technology (MU) was up 4.24%, Intel (INTC) was up 3.72%, Arm (ARM) was up 2.92%, Applied Materials (AMAT) was up 2.89%, and Lam Research Corporation (LRCX) was up 2.66%.
Optical communication concept stocks led the pre-market gains, with Corning (GLW) up 5.37%, Applied Optoelectronics (AAOI) up 4.19%, Coherent (COHR) up 3.90%, Astera Labs (ALAB) up 3.52%, and Credo (CRDO) up 3.19%.
The storage sector also showed strength, with Micron Technology (MU) up 4.24%, Western Digital (WDC) up 3.28%, SanDisk (SNDK) up 3.22%, and Seagate Technology (STX) up 2.82%.
