According to ME News, as of August 24 (UTC+8), based on BIT (bit.com) market data, U.S. semiconductor, memory, and optical communication sectors all edged lower in pre-market trading on Monday. Semiconductor stocks generally declined: Lam Research (LRCX) fell 2.39%, Intel (INTC) dropped 1.7%, Applied Materials (AMAT) slid 2.05%, and Arm (ARM) declined 1.96%. The memory sector also weakened in tandem: SK Hynix (SKHY) fell 3.02%, Micron Technology (MU) dropped 3.18%, Western Digital (WDC) declined 2.61%, SanDisk (SNDK) slid 4.08%, and Seagate Technology (STX) fell 2.94%. Optical communication stocks led the losses: Astera Labs (ALAB) dropped 4.11%, Applied Optoelectronics (AAOI) plunged 11.66%, Coherent (COHR) fell 4.16%, Credo (CRDO) declined 3.34%, and Lumentum (LITE) dropped 4.35%. (Source: BlockBeats)
MetaEra Reports Pre-Market Decline in Semiconductor, Storage, and Optical Communication Stocks
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Summary
On August 24 (UTC+8), MetaEra reported a pre-market decline in semiconductor, storage, and optical communication stocks, while the digital asset market showed mixed signals. Semiconductor stocks broadly declined, with Lam Research (LRCX) down 2.39%, Intel (INTC) down 1.7%, Applied Materials (AMAT) down 2.05%, and Arm (ARM) down 1.96%. Storage stocks also fell, with SK Hynix (SKHY) down 3.02%, Micron (MU) down 3.18%, Western Digital (WDC) down 2.61%, SanDisk (SNDK) down 4.08%, and Seagate (STX) down 2.94%. Optical communication stocks experienced the steepest drops, with Astera Labs (ALAB) down 4.11%, Applied Optoelectronics (AAOI) down 11.66%, Coherent (COHR) down 4.16%, Credo (CRDO) down 3.34%, and Lumentum (LITE) down 4.35%. The Fear & Greed Index remains a key indicator to monitor.
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