Chip, memory and optical names narrow losses after U.S. open as QCOM and AMD turn higher

Chip, memory and optical names narrow losses after U.S. open as QCOM and AMD turn higher

N
News Editor
2026-07-22 13:51:19
U.S. semiconductor, memory and optical communication stocks were still mostly lower after Wednesday's market open on July 22, but losses narrowed sharply from pre-market levels, according to market data from BIT (bit.com). In semiconductors, Qualcomm (QCOM) reversed course to gain 1.61%, while AMD (AMD) rose 0.18%. Nvidia (NVDA) slipped 0.19%, Broadcom (AVGO) fell 0.26%, Marvell Technology (MRVL) lost 0.59%, Intel (INTC) dropped 0.73%, and SK Hynix (SKHY) was down 3.96%. In the memory segment, Seagate Technology (STX) turned positive and rose 0.50%, while Western Digital (WDC) added 0.10%. Micron Technology (MU) fell 1.21%, SanDisk (SNDK) declined 1.98%, and SK Hynix (SKHY) remained down 3.96%. Among optical communication names, Credo (CRDO) moved from negative territory to a 0.17% gain. Lumentum (LITE) fell 0.54%, Coherent (COHR) and Astera Labs (ALAB) each lost 0.75%, Ciena (CIEN) slipped 1.04%, and Applied Optoelectronics (AAOI) dropped 3.66%.
US stockssemiconductorsmemory stocksoptical communicationQualcommAMDNvidia

U.S. semiconductor, memory and optical communication stocks were still mostly lower after Wednesday's market open on July 22, though their overall declines narrowed notably from pre-market trading, according to market data from BIT (bit.com).

Semiconductor stocks mixed after the open

In semiconductors, Qualcomm (QCOM) reversed earlier losses and rose 1.61%, while AMD (AMD) gained 0.18%. Nvidia (NVDA) fell 0.19%, Broadcom (AVGO) slipped 0.26%, Marvell Technology (MRVL) lost 0.59%, Intel (INTC) dropped 0.73%, and SK Hynix (SKHY) was down 3.96%.

Memory names showed divergence

In the memory segment, Seagate Technology (STX) turned higher and gained 0.50%, while Western Digital (WDC) rose 0.10%. Micron Technology (MU) fell 1.21%, SanDisk (SNDK) declined 1.98%, and SK Hynix (SKHY) dropped 3.96%.

Optical communication stocks remained lower overall

Among optical communication names, Credo (CRDO) reversed course and rose 0.17%. Lumentum (LITE) fell 0.54%, Coherent (COHR) and Astera Labs (ALAB) each lost 0.75%, Ciena (CIEN) dropped 1.04%, and Applied Optoelectronics (AAOI) fell 3.66%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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