Huo Xing Finance reports that on July 22, according to BIT (bit.com) market data, ahead of Wednesday’s U.S. market open, semiconductor, memory, and optical communication sectors all declined. Semiconductor stocks broadly fell: Lam Research (LRCX) dropped 3.57%, Intel (INTC) fell 3.51%, Applied Materials (AMAT) declined 3.44%, and Arm (ARM) slid 3.01%. Memory stocks led the losses: SK Hynix (SKHY) dropped 6.57%, Micron Technology (MU) fell 3.76%, Western Digital (WDC) declined 3.59%, SanDisk (SNDK) slid 3.38%, and Seagate Technology (STX) dropped 3.13%. Optical communication stocks also moved lower: Astera Labs (ALAB) fell 3.94%, Applied Optoelectronics (AAOI) declined 3.38%, Coherent (COHR) dropped 3.23%, Credo (CRDO) slid 2.93%, and Lumentum (LITE) fell 2.84%.
MarsBit: Semiconductor, Storage, and Optical Communication Stocks Decline Ahead of U.S. Market Open
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Summary
The Fear and Greed Index fell below 30 as semiconductor, storage, and optical communication stocks plunged sharply ahead of the U.S. market open on July 22, 2026. Lam Research (LRCX), Intel (INTC), and Applied Materials (AMAT) declined between 3.01% and 3.57%. SK Hynix (SKHY) led storage losses with a 6.57% drop, followed by Micron (MU) and Western Digital (WDC). Optical communication stocks such as Astera Labs (ALAB) and Applied Optoelectronics (AAOI) also fell over 3%, with open interest in related futures showing signs of unwinding.
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