US stock storage sector extends pre-market declines, with major individual stocks all falling over 6%

According to MSX.COM data, the US stock storage sector extended its pre-market declines to a new intraday low. Micron Technology fell 6.00%, SK Hynix dropped 7.51%, SanDisk declined 6.25%, Western Digital fell 6.08%, and Seagate Technology dropped 6.50%.

Other AI hardware stocks also saw significant declines. Nvidia fell 2.56%, TSMC dropped 3.52%, Broadcom declined 3.90%, Intel fell 6.56%, ASML dropped 5.63%, Lam Research declined 8.20%, Arm Holdings fell 7.68%, Qualcomm dropped 4.96%, Lumentum declined 7.35%, and Coherent fell 6.83%. The triple-leveraged semiconductor ETF-Direxion dropped 16.15%.