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Qualcomm Leads 12 U.S. Chip Stocks Lower in Nov. 5 Premarket Trade

The stocks fell between 1.7% and 9.7% before the U.S. market opened Thursday.

Silicon dies arranged in a descending row on a dark surface / TokenPost.ai
Silicon dies arranged in a descending row on a dark surface / TokenPost.ai

Twelve U.S. semiconductor stocks were lower in premarket trading Thursday, Nov. 5, with declines ranging from 1.7% to 9.7%. Qualcomm (QCOM) had the steepest drop, falling 9.7%, while Advanced Micro Devices (AMD) declined 3.7%.

Arm (ARM) and Lam Research (LRCX) each lost 3.6%. Applied Materials (AMAT) fell 3.4%, Marvell Technology (MRVL) dropped 3.3% and KLA (KLAC) declined 3.2%. Micron (MU) was down 3%, Intel (INTC) fell 2.7% and Broadcom (AVGO) lost 1.9%. Taiwan Semiconductor Manufacturing Co. (TSM) declined 1.8%, while ASML fell 1.7%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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