Summary
- It said AI- and semiconductor-related stocks were broadly weaker in U.S. premarket trading.
- It said SK Hynix ADR fell 10.4% in premarket trading, while U.S. AI-related stocks, storage-related shares, AI equipment stocks and CPO-related stocks also declined in tandem.
- The market is watching whether losses in AI and semiconductor stocks deepen after the regular U.S. session opens and whether semiconductor investment sentiment changes.
Forecast Trend Report by Period
AI- and semiconductor-related stocks were broadly lower in U.S. premarket trading.
BlockBeats, a cryptocurrency-focused media outlet, reported on July 13 that SK Hynix's American depositary receipt fell 10.4% to $151.468 in premarket trading.
An ADR is a certificate that allows shares of a foreign company to trade in the U.S. market.
U.S. AI-related stocks also declined broadly. Memory-chip maker Micron fell 6.6%, while Nvidia dropped 2.16%.
Storage-related shares were also weaker. SanDisk fell 6.5%, Seagate Technology lost 5.4%, and Western Digital declined 6.6%.
Among AI equipment stocks, Applied Materials fell 4.72% and Lam Research dropped 4.31%.
CPO-related stocks, classified as optical-communications-based AI infrastructure plays, also moved lower. Lumentum fell 4.24%, while Applied Optoelectronics dropped 4.01%.
Markets are watching whether losses in AI and semiconductor stocks deepen after the regular U.S. session opens and whether sentiment toward semiconductor investment shifts.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.