U.S. tech stocks under pressure collectively in pre-market trading, with Intel dropping over 23% and Amazon falling more than 7%.

BlockBeats news, October 30 - According to data from the BIT stock platform, in pre-market trading, Intel fell over 23%. The company's fourth-quarter performance guidance is far below market expectations, affected by factors including an explosion at its Israeli factory, weak PC demand, and limited AI chip supply.

Amazon fell over 7%. The company's third-quarter net sales were $201.9 billion, missing market expectations; earnings per share (EPS) fell 3% year-over-year to $1.89. The storage sector generally declined in pre-market trading, with SK Hynix down over 6% and SanDisk down over 3%.