U.S. Optical Communication Stocks Drop Pre-Market, Corning Falls Over 6%, MaxLinear Drops Over 5%

On July 17, continuing the decline from the previous day, U.S. optical communication stocks collectively fell pre-market. Among them, Applied Optoelectronics and AXT Inc dropped over 7%, while MaxLinear, Credo Technology, Corning, Lightwave Logic, Coherent, and Astera Labs fell over 6%. Ciena, POET Technologies, MaxLinear Technology, Lumentum, and Tower Semiconductor dropped over 5%.