SanDisk Falls 6.48% as U.S. Chip and Storage Shares Slide Before U.S. Open

Shares in U.S. chip, storage and optical-networking companies fell in premarket trading Thursday, Nov. 5, with SanDisk down 6.48% and several crypto-linked stocks also lower. SanDisk (SNDK) fell 6.48%, Seagate Technology (STX) dropped 5.38% and Western Digital (WDC) slipped 5.01%. Micron Technology (MU) lost 4.73%, Advanced Micro Devices (AMD) fell 4.98%, Intel (INTC) declined 3.03% and Nvidia (NVDA) was down 1.80%. AXT (AXTI) fell 5.78%, Ciena (CIEN) lost 5.01% and Lumentum (LITE) declined 4.90%. Applied Optoelectronics (AAOI) dropped 4.77%, Marvell Technology (MRVL) fell 4.51%, Fabrinet (FN) lost 4.58% and Coherent (COHR) declined 3.17%. FOTO (FOTO) fell 3.27%.