AI-related technology stocks traded lower across the board in U.S. premarket trading on July 13, according to market data cited by Bitget. SK Hynix posted the sharpest decline, falling more than 10% before the open. Other chip and equipment names also moved down, with AMD, Intel, and Arm each losing more than 3%, while Lam Research dropped more than 4% and Micron Technology fell more than 6%.
The weakness also extended to storage names. Western Digital was down 6.6% in premarket trading, Seagate Technology fell 5.4%, and SanDisk dropped 6.94%. The data was reported by TechFlow.
AI tech names slide in U.S. premarket trading
AI-related technology stocks were broadly lower in U.S. premarket trading on July 13, according to Bitget market data cited by TechFlow.
SK Hynix fell more than 10%. AMD, Intel, and Arm were each down more than 3%, while Lam Research lost more than 4% and Micron Technology dropped more than 6%.
In storage stocks, Western Digital fell 6.6% in premarket trading, Seagate Technology was down 5.4%, and SanDisk lost 6.94%.
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