Huo Xing Finance reports that, as of July 30, according to BIT (bit.com) market data, pre-market trading in the U.S. saw gains in the semiconductor and storage sectors: Lam Research (LRCX) rose 7.65%; following its after-hours earnings report yesterday, LRCX posted results and guidance that exceeded expectations, forecasting quarterly revenue of up to $8.5 billion. NVIDIA (NVDA) increased 1.77%; Intel (INTC) rose 2.26%; Advanced Micro Devices (AMD) gained 3.55%; Seagate Technology (STX) climbed 3.74%; Western Digital (WDC) rose 4.01%; SanDisk (SNDK) advanced 4.33%; Micron Technology (MU) increased 2.45%; and SK Hynix ADR rose 1.8%.
Semiconductor and storage stocks rise in pre-market trading, LRCX surges 7.65% on strong earnings
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Summary
Semiconductor and storage stocks rose in pre-market trading, with the Fear & Greed Index showing early signs of optimism. Lam Research (LRCX) jumped 7.65% following strong earnings, while on-chain data signaled renewed investor confidence. NVIDIA (NVDA) gained 1.77%, Intel (INTC) rose 2.26%, AMD added 3.55%, Seagate (STX) climbed 3.74%, Western Digital (WDC) increased 4.01%, SanDisk (SNDK) surged 4.33%, and Micron (MU) rose 2.45%.
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