Pre-market semiconductor, optical communication, and storage stocks surge on August 12

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On August 12, the Fear and Greed Index showed early signs of optimism as pre-market stocks in semiconductors, optical communications, and storage surged. On-chain data reflected strong buying momentum, with Marvell Technology (MRVL), Micron Technology (MU), Intel (INTC), Applied Materials (AMAT), and Lam Research (LRCX) all rising. Optical communication stocks led the gains, with Lumentum (LITE) up 7.73%, Nokia (NOK) up 6.36%, and Coherent (COHR) up 5.12%. Storage sector names including Toshiba Memory (SNDK), SK Hynix, Western Digital (WDC), and Seagate Technology (STX) also advanced.

Huo Xing Finance reports that on August 12, according to BIT (bit.com) market data, pre-market trading in U.S. semiconductor, optical communications, and storage stocks saw broad gains. Semiconductor stocks rose generally: Marvell Technology (MRVL) increased 3.08%, Micron Technology (MU) rose 2.36%, Intel (INTC) gained 2.19%, Applied Materials (AMAT) climbed 2.17%, and Lam Research (LRCX) advanced 2.13%. Optical communications stocks led the gains: Lumentum (LITE) surged 7.73%, Nokia (NOK) rose 6.36%, Coherent (COHR) gained 5.12%, Applied Optoelectronics (AAOI) increased 4.07%, Corning (GLW) rose 3.02%, and Ciena (CIEN) climbed 2.97%. The storage sector also strengthened: SanDisk (SNDK) advanced 3.38%, SK Hynix rose 3.09%, Western Digital (WDC) gained 2.53%, Micron Technology rose 2.36%, and Seagate Technology (STX) increased 2.05%.

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