Pre-market: Semiconductor Stocks Mixed, Intel Up Nearly 5%, Majority of Storage and Optical Communication Stocks Down

BlockBeats News, July 24th, according to BIT (bit.com) market data, pre-market trading of US stocks on Friday, semiconductor stocks showed mixed performance: Intel (INTC) rose by 4.76%, Arm (ARM) rose by 0.96%, AMD (AMD) rose by 0.41%; SK Hynix (SKHY) fell by 2.93%, Micron Technology (MU) fell by 2.16%, Marvell Technology (MRVL) fell by 1.41%, Nvidia (NVDA) fell by 0.72%.

The storage sector experienced a broad decline: SK Hynix (SKHY) fell by 2.93%, SanDisk (SNDK) fell by 2.19%, Micron Technology (MU) fell by 2.16%, Western Digital (WDC) fell by 1.68%, Seagate Technology (STX) fell by 1.24%.

Most of the optical communication stocks were down: Nokia (NOK) fell by 2.15%, Astera Labs (ALAB) fell by 1.99%, Credo (CRDO) fell by 1.86%, Ciena (CIEN) fell by 1.14%, Applied Optoelectronics (AAOI) fell by 0.62%.