US Stock Futures: Semiconductor, Optoelectronics, and Storage Stocks All Up in Pre-market Trading, LITE Up Over 7%, NOK Up Over 6%

Aug 12, 16:10

August 12th, according to BIT (bit.com) market data, U.S. stock pre-market trading saw a broad rise in semiconductor, optoelectronics, and storage stocks.

Semiconductor stocks saw a general increase, with Marvell Technology (MRVL) up 3.08%, Micron Technology (MU) up 2.36%, Intel (INTC) up 2.19%, Applied Materials (AMAT) up 2.17%, and Lam Research (LRCX) up 2.13%.

Optoelectronics concept stocks led the gains, with Lumentum (LITE) up 7.73%, Nokia (NOK) up 6.36%, Coherent (COHR) up 5.12%, Applied Optoelectronics (AAOI) up 4.07%, Corning (GLW) up 3.02%, and Ciena (CIEN) up 2.97%.

The storage sector also strengthened, with SanDisk (SNDK) up 3.38%, Western Digital up 3.09%, Micron Technology up 2.36%, Seagate Technology (STX) up 2.05%.