U.S. chip-related stocks moved higher in premarket trading, according to Rootdata market data cited by ChainCatcher. Marvell Technology (MRVL.O) posted the biggest gain among the names listed, rising 2.9%, followed by Arm Holdings (ARM.O) at 2.7%. Micron Technology (MU.O) and Lam Research (LRCX.O) each advanced 2.5%.
Other semiconductor names also traded higher before the open. AMD (AMD.O), Applied Materials (AMAT.O), and Taiwan Semiconductor Manufacturing Co. (TSM.N) were each up 2.2%. KLA Corp. (KLAC.O) gained 2%, while ASML (ASML.O) rose 1.7%. The move covered a broad group of chip and semiconductor equipment stocks in premarket action.
U.S. chip-related stocks were broadly higher in premarket trading, according to Rootdata market data cited by ChainCatcher.
Marvell Technology (MRVL.O) rose 2.9%, while Arm Holdings (ARM.O) gained 2.7%. Micron Technology (MU.O) and Lam Research (LRCX.O) were each up 2.5%.
AMD (AMD.O), Applied Materials (AMAT.O), and Taiwan Semiconductor Manufacturing Co. (TSM.N) each climbed 2.2%. KLA Corp. (KLAC.O) added 2%, and ASML (ASML.O) rose 1.7%.
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