U.S. premarket trading on Tuesday showed broad weakness across semiconductor, memory and optical networking names, according to market data from BIT (bit.com) cited by BlockBeats on Sept. 22. In semiconductors, Lam Research (LRCX) fell 0.36%, Applied Materials (AMAT) lost 0.41%, and Arm (ARM) edged down 0.1%. Memory stocks were mixed but mostly lower: SK Hynix (SKHY) dropped 0.32%, Micron Technology (MU) fell 0.4%, Western Digital (WDC) declined 0.93%, Sandisk (SNDK) rose 0.45%, and Seagate Technology (STX) slipped 1.06%. Optical networking-related names also mostly traded lower. Applied Optoelectronics (AAOI) gained 0.28%, while Coherent (COHR) fell 0.47%, Credo (CRDO) lost 0.79%, Lumentum (LITE) dropped 0.63%, and Nokia (NOK) was down 1.1%.
BlockBeats reported on Sept. 22, citing market data from BIT (bit.com), that U.S. semiconductor, memory and optical networking stocks were broadly lower in Tuesday premarket trading.
Semiconductor names moved lower before the open
Lam Research (LRCX) fell 0.36%, Applied Materials (AMAT) lost 0.41%, and Arm (ARM) was down 0.1%.
Memory stocks were mostly in the red
SK Hynix (SKHY) slipped 0.32%, Micron Technology (MU) fell 0.4%, Western Digital (WDC) dropped 0.93%, Sandisk (SNDK) rose 0.45%, and Seagate Technology (STX) declined 1.06%.
Optical networking shares also weakened
Applied Optoelectronics (AAOI) gained 0.28%, while Coherent (COHR) fell 0.47%, Credo (CRDO) lost 0.79%, Lumentum (LITE) dropped 0.63%, and Nokia (NOK) was down 1.1%.
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