# U.S. Storage and Optical Stocks Decline as Micron Falls 2.88%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30444
Published: 2026-10-12T16:05:58.000Z
Updated: 2026-10-12T16:05:58.000Z
Section: Investing

> Declines narrowed Monday, Oct. 12, across the storage and optical communications sectors, while Applied Optoelectronics fell 6.47%.

U.S.-listed storage and optical communications stocks declined Monday, Oct. 12, as declines narrowed across the storage and optical communications sectors. Micron Technology fell 2.88%.

Western Digital dropped 2.11%, while SanDisk declined 5.68%. Seagate Technology lost 3.62%, and SK Hynix fell 3.67%.

Optical communications stocks also moved lower. Applied Optoelectronics dropped 6.47%, Coherent fell 7.14% and Credo declined 5.69%. Nokia lost 2.99%, while Lumentum was down 1.57%.