U.S. Stock Futures Pre-market: Semiconductor, Storage, and Optical Communication Sectors Down, CRDO Falls Over 8%

BlockBeats News, September 2nd, according to BIT (bit.com) market data, the pre-market trading of US stocks on Wednesday saw a slight weakness in the semiconductor, storage, and optical communication sectors.

Semiconductor stocks experienced a general decline, with Lam Research Corporation (LRCX) down 0.2%, Intel Corporation (INTC) down 1.01%, Applied Materials (AMAT) down 0.42%, and Arm down 1.09%.

The storage sector also trended lower, with SK Hynix (SKHY) down 0.93%, Micron Technology (MU) down 0.6%, Western Digital Corporation (WDC) down 0.65%, SanDisk (SNDK) down 0.58%, and Seagate Technology (STX) down 0.68%.

Stocks related to optical communication took the lead in declines, with Astera Labs (ALAB) down 1.3%, Applied Optoelectronics (AAOI) down 1.14%, Coherent (COHR) down 1%, Credo (CRDO) down 8.77%, and Lumentum Holdings (LITE) down 1.2%.