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U.S.-listed chip and storage stocks extend premarket losses, with Micron, SanDisk and Intel down sharply

Bitget market data cited by BlockBeats showed deeper weakness across semiconductor and storage names, with Micron down 10.1%, SanDisk 10.03%, Intel 8.5% and Western Digital 8.75%.

Summary

U.S.-listed semiconductor and storage stocks fell further in premarket trading, with losses broadening beyond the earlier slide in chip names. Bitget market data cited by BlockBeats showed Nvidia down 3.23%, Intel 8.5%, AMD 6.5% and Qualcomm 5.1%, while storage-related stocks were hit harder: Seagate fell 8.14%, Western Digital 8.75%, SanDisk 10.03% and Micron 10.1%. The updated moves point to deeper early-session pressure across both chipmakers and data-storage companies before the regular U.S. session.

Terms & Concepts
  • premarket trading: Stock trading that takes place before regular U.S. market hours begin
  • semiconductor: The industry that designs and makes computer chips used in electronics and data infrastructure
  • storage stocks: Shares of companies focused on data storage products such as hard drives, flash memory and related hardware