Article

U.S. stocks closed lower across semiconductors, storage, optical communications and Neocloud stocks, with all declining,ARM、CRDO all falling by more than 8%BlockBeats reported that September 29, according to BIT(bit.com) market data, the three major U.S. stock indexes all fell at Monday's close (September 28): the Dow fell 0.67%, the S&P 500 index fell 0.77%, and the Nasdaq fell 0.92%.

Semiconductor stocks were mostly lower. Arm (ARM) fell 8.70%, Qualcomm (QCOM) fell 7.17%, Intel (INTC) fell 5.67%, and Marvell Technology (MRVL) fell 3.83%、AMD fell 3.61%, while NVIDIA (NVDA) rose 1.68%.

Most storage stocks fell. Seagate Technology (STX) rose 0.51%;SK SK hynix (SKHY) fell 5.03%, SanDisk (SNDK) fell 3.65%, Micron Technology (MU) fell 2.62%, and Western Digital (WDC) fell 0.78%.

Optical communications concept stocks fell across the board. Credo (CRDO) fell 8.67%、Coherent(COHR) fell 4.52%、Applied Optoelectronics(AAOI) fell 4.52%, Marvell Technology (MRVL) fell 3.83%、Astera Labs(ALAB) fell 3.65%。

Neocloud concept stocks fell across the board. Applied Digital (APLD) fell 6.55%、Cipher Digital(CIFR) fell 5.58%、IREN fell 5.45%、Core Scientific(CORZ) fell 4.73%、Galaxy Digital(GLXY) fell 4.25%.

Original article link https://m.theblockbeats.info/flash/369432