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US pre-market: Hyperscalers broadly fall, while Micron and Qualcomm jump more than 10%

MarsBitNews
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Mars Finance News: On June 25, Micron’s earnings report, which came in better than expected, will be tested by the market tonight. According to market data, as of the time of this release, Micron itself was up nearly 18% in the pre-market, but as a customer of Micron, ultra-large-scale cloud computing companies (Hyperscalers) such as Microsoft, Amazon, Meta, Apple, and Google were all down slightly in the pre-market. Optical communications stocks on the hardware supply side also saw broad gains: GLW was up 6.81% pre-market, AAOI rose 3.59%, and COHR increased 4.08%. Qualcomm also issued a forecast that, by fiscal year 2029, the data center AI components market’s annual sales will exceed $15 billion, and its stock rose 10% pre-market.
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