US Semiconductor, Storage, and Optic Communication Stocks Extend Pre-market Decline, with SanDisk and Applied Materials Both Dropping Over 6%

BlockBeats News, July 17th, according to BIT (bit.com) market data, U.S. semiconductor stocks fell across the board in pre-market trading. Applied Materials dropped 6.10%, Lam Research fell 5.46%, TSMC dropped 4.70%, KLA fell 4.68%, Arm and Intel both fell 4.52%, AMD dropped 4.42%, Micron Technology fell 4.24%, and NVIDIA dropped 2.95%.

The storage sector saw significant declines, with SanDisk falling 6.10%, Western Digital down 5.75%, Seagate Technology down 5.63%, Micron Technology down 4.24%, and SK Hynix down 3.49%.

Optical communication concept stocks collectively fell, with Coherent down 6.26%, Applied Optoelectronics down 6.00%, Credo down 5.76%, Corning down 5.51%, Ciena down 5.17%, and Astera Labs down 5.08%.