# SanDisk Falls 6.48% as U.S. Chip and Storage Shares Slide Before U.S. Open

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49302
Published: 2026-11-05T13:28:26.000Z
Updated: 2026-11-05T13:28:26.000Z
Section: Investing

> Coinbase, Circle, Strategy and BitMine fell 1.63% to 3.02%, while Dow futures rose 0.74%.

Shares in U.S. chip, storage and optical-networking companies fell in premarket trading Thursday, Nov. 5, with SanDisk down 6.48% and several crypto-linked stocks also lower.

SanDisk (SNDK) fell 6.48%, Seagate Technology (STX) dropped 5.38% and Western Digital (WDC) slipped 5.01%. Micron Technology (MU) lost 4.73%, Advanced Micro Devices (AMD) fell 4.98%, Intel (INTC) declined 3.03% and Nvidia (NVDA) was down 1.80%.

AXT (AXTI) fell 5.78%, Ciena (CIEN) lost 5.01% and Lumentum (LITE) declined 4.90%. Applied Optoelectronics (AAOI) dropped 4.77%, Marvell Technology (MRVL) fell 4.51%, Fabrinet (FN) lost 4.58% and Coherent (COHR) declined 3.17%. FOTO (FOTO) fell 3.27%.

Crypto-linked stocks also moved lower. Circle (CRCL) declined 3.02%, Coinbase (COIN) fell 2.26%, Strategy (MSTR) lost 2.23%, SharpLink (SBET) dropped 2.02% and BitMine (BMNR) fell 1.63%.

U.S. stock futures were mixed. Dow futures rose 0.74%, S&P 500 futures slipped 0.01% and Nasdaq futures fell about 1%.