Storage Chip and Optical Communication Stocks Drop With SanDisk Down 10%; SK Hynix, AAOI Down 9%; WDC, STX, Corning Down 7%

TigerJul 15, 2026 2:35 PM

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Storage chip stocks pulled back in market trading. SanDisk Corp. down 10%; SK hynix down 9%; Western Digital, Seagate Technology PLC down 7%; Micron Technology down 6%.

optical communication stocks dropped in market trading. Applied Optoelectronics down 9%; Corning down 7%; Lumentum down 6%; Ciena, Credo Technology Group Holding Ltd down 5%; AXT Inc down 4%.

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