US Stock Futures: Semiconductor, Optics, Storage, and Neocloud Stocks Down Across the Board Pre-market; CRDO Drops Over 8%

BlockBeats News, September 2nd, according to BIT (bit.com) market data, the futures of the three major U.S. stock indexes fell, with the Dow Jones futures down 0.15%, the S&P 500 index futures down 0.25%, and the Nasdaq 100 index futures down 0.55%.

Semiconductor stocks fell across the board, with Marvell Technology (MRVL) down 2.67%, Arm (ARM) down 1.97%, Intel (INTC) down 1.56%, KLA Corporation (KLAC) down 1.52%, Lam Research (LRCX) down 1.38%, TSMC (TSM) down 1.31%, AMD down 1.20%, Applied Materials (AMAT) down 1.12%.

Optical communication concept stocks saw the largest declines, with Credo (CRDO) down 8.68%, Marvell Technology (MRVL) down 2.67%, Coherent (COHR) down 2.23%, Corning (GLW) down 2.10%, Astera Labs (ALAB) down 1.97%.

The storage sector trended down, with SkyHigh Memory (SKHY) down 1.78%, Western Digital (WDC) down 1.65%, Micron Technology (MU) down 1.36%, SanDisk (SNDK) down 1.10%, Seagate Technology (STX) down 0.96%.

Neocloud sector generally fell, with Hut 8 (HUT) down 2.90%, Nebulus (NBIS) down 2.67%, IREN down 2.66%, CoreWeave (CRWV) down 2.32%, Galaxy Digital (GLXY) down 2.22%, Cipher Digital (CIFR) down 2.19%.