CNBC World·3 sa önce·Business
Tech Stocks Fall, Chipmakers Lead Losses in Premarket Trading
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#stockmarket#premarkettrading#technologystocks#chipmakers#semiconductors#Broadcom#MicronTechnology#MarvellTechnology
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Technology stocks fell in premarket trading Thursday, with chipmakers Broadcom , Micron Technology and Marvell Technology leading the losses as investors fled the semiconductor space.
Broadcom shares were down 14.6% ahead of the market open after the company, which designs and makes customized AI chips for other technology names, reported weaker-than-expected earnings on Wednesday.
The fall was part of a broader retreat from chipmakers and other tech stocks ahead of Thursday's market open.
Micron Technology was down 6.2% in premarket trading, while Marvell Technologies had fallen 6.9%.
Elsewhere, Qualcomm shed 4%, with Intel falling 3.9%, and AMD down 4% ahead of the opening bell.
Futures tied to the tech-heavy Nasdaq were last seen 1.3% lower.
This article was originally published by CNBC World.
