Huo Xing Finance reports that on August 5, according to BIT (bit.com) market data, U.S. semiconductor and memory stocks opened mixed ahead of earnings. Memory leaders SanDisk and Western Digital are both set to release their fourth-quarter financial results after Wednesday’s close. Since the beginning of the year, Western Digital’s stock has more than tripled, while SanDisk’s stock has risen approximately 500%. Seagate Technology (STX) rose 0.26%; Western Digital (WDC) rose 0.04%; SanDisk (SNDK) fell 3.2%; Micron Technology (MU) rose 0.3%; SK Hynix ADR fell 2.2%; NVIDIA (NVDA) rose 3.8%; Intel (INTC) fell 1.1%; Advanced Micro Devices (AMD) fell 5.1%.
Semiconductor and storage stocks opened mixed, with SanDisk down 3.2% ahead of earnings.
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Summary
On August 5, semiconductor and storage stocks opened with mixed results, as open interest in the sector remained closely monitored. SanDisk (SNDK) fell 3.2% ahead of its Q4 earnings, while Western Digital (WDC) rose 0.04%. Seagate (STX) climbed 0.26%, Micron (MU) gained 0.3%, and NVIDIA (NVDA) surged 3.8%. The Fear & Greed Index showed slight volatility, with SK Hynix ADR down 2.2%, Intel (INTC) down 1.1%, and AMD falling 5.1%.
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