U.S. Stock Futures: Semiconductor, Storage, and Optics Communications Sectors Simultaneously Strengthen, Micron Technology ADR Surges Over 6%

BlockBeats News, July 31st. According to BIT (bit.com) market data, the U.S. stock market saw a simultaneous pre-market strength in the semiconductor, storage, and optical communication sectors on Friday.

Semiconductor stocks rose across the board, with Lam Research Corporation (LRCX) up 3.81%, Intel Corporation (INTC) up 5.67%, Applied Materials (AMAT) up 3.83%, and Arm up 5.99%.

The storage sector led the gains, with SkyHigh (SKHY) up 6.45%, Micron Technology (MU) up 3.35%, Western Digital (WDC) up 4.48%, SanDisk (SNDK) up 4.41%, and Seagate Technology (STX) up 2.91%.

Stocks related to optical communication also saw a simultaneous increase, with Astera Labs (ALAB) up 8.78%, Applied Optoelectronics (AAOI) up 6.6%, Coherent (COHR) up 5.94%, Credo (CRDO) up 6.28%, and Lumentum (LITE) up 4.47%.