U.S. storage concept stocks mostly fell in pre-market trading: SK Hynix dropped over 5%, SanDisk and Western Digital fell more than 4%, and Micron fell nearly 2%. TSMC dropped nearly 3% as its Q2 net profit exceeded expectations, prompting an upward revision of its annual growth forecast and an increase in capital expenditure. Popular Chinese concept stocks generally rose, with Kingsoft Cloud and XPeng up more than 4%. AST SpaceMobile plunged over 10% as the company plans to issue $1 billion in

U.S. storage concept stocks mostly fell in pre-market trading: SK Hynix dropped over 5%, SanDisk and Western Digital fell more than 4%, and Micron fell nearly 2%. TSMC dropped nearly 3% as its Q2 net profit exceeded expectations, prompting an upward revision of its annual growth forecast and an increase in capital expenditure. Popular Chinese concept stocks generally rose, with Kingsoft Cloud and XPeng up more than 4%. AST SpaceMobile plunged over 10% as the company plans to issue $1 billion in

智通财经2026/07/16 17:06

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U.S. stock storage sector broadly declined in pre-market trading: SK hynix fell by more than 5%, SanDisk and Western Digital dropped over 4%, and Micron fell nearly 2%; TSMC declined almost 3%. Its Q2 net profit exceeded expectations, prompting an upward revision of its full-year growth forecast and an additional increase in capital expenditure. Popular China concept stocks mostly rose, with Kingsoft Cloud and XPeng Group both up over 4%. AST SpaceMobile plunged more than 10% as the company plans to issue $1 billion in senior notes due in 2034.

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