SanDisk shares fell 6.48% before U.S. trading Thursday, Nov. 5, the steepest decline among the stocks listed in a report published at 8:28 a.m. EST (13:28 UTC).
Western Digital declined 5.01% and Seagate Technology lost 5.38%. Among chipmakers, Nvidia slipped 1.80%, Intel fell 3.03%, Micron Technology dropped 4.73% and Advanced Micro Devices shed 4.98%.
Optical-networking shares also fell. AXT lost 5.78%, Ciena dropped 5.01% and Lumentum declined 4.90%; Applied Optoelectronics was down 4.77%, Fabrinet 4.58% and Marvell Technology 4.51%. FOTO fell 3.27%, while Coherent shed 3.17%.
Dow futures added 0.74%, the sole advance among the three measures. Nasdaq futures fell about 1%, while the S&P 500 contract edged down 0.01%.
Companies associated with crypto also lost ground. BitMine dropped 1.63%, SharpLink lost 2.02%, Strategy fell 2.23%, Coinbase declined 2.26% and Circle was down 3.02%.
