At the start of U.S. trading, most semiconductor, storage, and crypto-related stocks declined, while Marvell fell by more than 12%
BIBIBI
AT A GLANCE
October 29 At the start of U.S. stock trading, related sectors broadly declined; optical communications stocks showed mixed performance, with Marvell falling 12.57%。
Article
At the start of US trading, semiconductor and memory, as well as crypto-related stocks, broadly declined, while the optical communications sector was mixed; Marvell fell more than 12%BlockBeats reported,October 29, according to BIT stock platform data, semiconductor and memory, as well as crypto-related sectors, broadly declined at the US market open, while the optical communications sector was mixed.
In the semiconductor and memory sector: Seagate (STX) fell 2.51%; Western Digital (WDC) fell 1.87%; SanDisk (SNDK) fell 3.80%; Micron (MU) fell 3.03%; Nvidia (NVDA) fell 1.08%; Intel (INTC) fell 3.60%；AMD fell 1.65%.
Among optical communications-related stocks:FOTO rose 0.43%; Marvell Technology (MRVL) fell 12.57%；Applied Optoelectronics（AAOI) fell 3.20%；Lumentum（LITE) rose 4.13%；Coherent（COHR) fell 0.26%；Ciena（CIEN) fell 3.84%；Fabrinet（FN) fell 2.20%；AXT（AXTI) fell 6.23%.
Original link https://m.theblockbeats.info/flash/374422
Key points
01
BlockBeats said,October 29 semiconductor and memory, as well as crypto-related sectors, broadly declined at the US market open, while the optical communications sector was mixed.
02
Seagate, Western Digital, SanDisk, Micron, NVIDIA, Intel, and AMD all recorded declines.
03
Strategy、Coinbase, Circle, BitMine, and SharpLink all posted declines.
04
Among optical communications stocks,FOTO and Lumentum rose, while Marvell Technology fell 12.57%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a market update from the opening session of the U.S. stock market: semiconductor and memory, as well as crypto-related stocks, declined broadly; optical communications stocks showed mixed performance, with Marvell Technology posting a relatively large drop.
Why it matters to readers
It reflects the short-term performance of the relevant stocks during the opening session, but does not represent the results for the full day or subsequent trading.
When interpreting this type of news, distinguish between early-session performance and closing performance, and note that overall sector trends may differ from the performance of individual stocks.
Risks and unknowns
The article does not specify the particular reasons why these stocks declined or rose.
Early-session percentage gains and losses may change during subsequent trading.
The data in the article is reportedly sourced from BIT a stock platform, and the market data still requires further verification.
Related Developments
Loading event timeline…
Related concepts
Early trading
This term is not in the glossary yet. Browse related concepts in the glossary.
