U.S. semiconductor stocks mixed in July 24 premarket trade as memory names decline

U.S. semiconductor stocks were mixed in premarket trading on July 24, with Intel rising 4.76%, Arm up 0.96% and AMD gaining 0.41%, while SK Hynix fell 2.93%, Micron dropped 2.16%, Marvell lost 1.41% and Nvidia slipped 0.72%, according to BlockBeats citing BIT(bit.com) market data. The latest move followed a sharp rebound across semiconductor, memory, storage and optical communication shares on July 23 after a weaker July 22 session. The July 24 premarket setup pointed to renewed pressure on memory stocks, while most optical communications names also traded lower.

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