U.S. Stock Futures Rise in Pre-market Trading as Semiconductor, Storage, and Optical Communication Sectors Surge Together; AAOI Jumps Over 15%

BlockBeats News, August 7th, according to BIT (bit.com) market data, the U.S. stock market saw pre-market gains in the semiconductor, storage, and optical communication sectors on Friday.

Semiconductor stocks inched up, with Lam Research Corporation (LRCX) up 1.22%, Intel Corporation (INTC) up 1.17%, Applied Materials (AMAT) up 1.43%, and Arm up 1.77%.

The storage sector showed strength, with SkyHigh Memory (SKHY) up 0.21%, Micron Technology (MU) up 1.28%, Western Digital (WDC) up 2.1%, SanDisk (SNDK) up 2.15%, and Seagate Technology (STX) up 0.94%.

Leading the gains were optical communication concept stocks, with Astera Labs (ALAB) up 2.36%, Applied Optoelectronics (AAOI) up 15.5%, Coherent (COHR) up 5.07%, Credo (CRDO) up 2.07%, and Lumentum (LITE) up 4.91%.

#Market Trends #Intel

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U.S. Stock Futures Rise in Pre-market Trading as Semiconductor, Storage, and Optical Communication Sectors Surge Together; AAOI Jumps Over 15%

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