U.S. pre-market stocks in semiconductors, optical communication, storage, and neocloud decline sharply

Huo Xing Finance reports that on September 2, according to BIT (bit.com) market data, the three major U.S. stock index futures declined: the Dow Jones Industrial Average futures fell 0.15%, the S&P 500 futures dropped 0.25%, and the Nasdaq 100 futures slid 0.55%. Semiconductor stocks broadly declined, with Marvell Technology (MRVL) down 2.67%, Arm (ARM) down 1.97%, Intel (INTC) down 1.56%, KLA Corporation (KLAC) down 1.52%, Lam Research (LRCX) down 1.38%, TSMC (TSM) down 1.31%, AMD down 1.20%, and Applied Materials (AMAT) down 1.12%. Optical communication stocks led the losses, with Credo (CRDO) falling 8.68%, Marvell Technology (MRVL) down 2.67%, Coherent (COHR) down 2.23%, Corning (GLW) down 2.10%, and Astera Labs (ALAB) down 1.97%. The storage sector also declined, with SK Hynix (SKHY) down 1.78%, Western Digital (WDC) down 1.65%, Micron Technology (MU) down 1.36%, SanDisk (SNDK) down 1.10%, and Seagate Technology (STX) down 0.96%. The Neocloud sector saw broad declines, with Hut 8 (HUT) down 2.90%, Nebius (NBIS) down 2.67%, IREN down 2.66%, CoreWeave (CRWV) down 2.32%, Galaxy Digital (GLXY) down 2.22%, and Cipher Digital (CIFR) down 2.19%.