U.S. storage and optical communications stocks narrow losses; Micron is currently down 2.88%，AAOI down 6.47%
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AT A GLANCE
U.S. storage and optical communications stocks narrowed their losses, but many related stocks remained down.
Article
U.S. storage and optical communications stocks narrow losses; Micron is currently down 2.88%，AAOI down 6.47%BlockBeats reports that October 12, according to BIT(bit.com) market data, U.S. storage and optical communications stocks have narrowed their losses, including:
Storage stocks: Micron Technology (MU) down 2.88%, Western Digital (WDC) down 2.11%, SanDisk (SNDK) down 5.68%, Seagate Technology (STX) down 3.62%，SK SK hynix (SKHY) down 3.67%.
Optical communications concept stocks: Applied Optoelectronics (AAOI) down 6.47%、Coherent（COHR) down 7.14%、Credo（CRDO) down 5.69%、Lumentum（LITE) down 1.57%, Nokia (NOK) down 2.99%.
Original link https://m.theblockbeats.info/flash/371442
Key points
01
According to BIT(bit.com) market data, U.S. storage and optical communications stocks narrowed their losses.
02
Among storage stocks, Micron Technology (MU) down 2.88%, Western Digital (WDC) down 2.11%, SanDisk (SNDK) down 5.68%, Seagate Technology (STX) down 3.62%、SK SK hynix (SKHY) down 3.67%。
03
Among optical communications concept stocks, Applied Optoelectronics (AAOI) down 6.47%、Coherent（COHR) down 7.14%、Credo（CRDO) down 5.69%、Lumentum（LITE) down 1.57%, Nokia (NOK) down 2.99%。
04
The report was published by BlockBeats on October 12。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report indicates that the declines in storage- and optical communications-related stocks became smaller than before, but the listed stocks generally remained down.
Why it matters to readers
Multiple stocks in the storage and optical communications sectors fell simultaneously, indicating weak performance in the related markets; however, this market information alone cannot determine the reasons for the decline or the subsequent trend.
For beginners, the key point is that narrowing losses in a sector does not mean it is rising; the individual stocks listed in the report remained down.
Risks and unknowns
The report does not specify the exact time period corresponding to “narrowing losses.”
The report does not provide specific reasons for the sector's decline or the narrowing of its losses.
This information comes from a single market report, and no additional source verification is provided in the original text.
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