US semiconductor and crypto stocks generally fell, with Marvell Technology dropping more than 12%.

US stocks opened lower across the board, with semiconductor and memory, and crypto-related stocks generally declining, while the optical communications sector showed mixed performance. In the semiconductor and memory sector, Seagate (STX) fell 2.51%, Western Digital (WDC) fell 1.87%, SanDisk (SNDK) fell 3.80%, Micron (MU) fell 3.03%, Nvidia (NVDA) fell 1.08%, Intel (INTC) fell 3.60%, and AMD fell 1.65%. In the crypto-related sector, Strategy (MSTR) fell 3.39%, Coinbase (COIN) fell 1.91%, Circle (CRCL) fell 2.61%, BitMine (BMNR) fell 3.03%, and SharpLink (SBET) fell 1.83%. Among optical communication concept stocks, FOTO rose 0.43%, MRVL fell 12.57%, Applied Optoelectronics (AAOI) fell 3.20%, Lumentum (LITE) rose 4.13%, Coherent (COHR) fell 0.26%, Ciena (CIEN) fell 3.84%, Fabrinet (FN) fell 2.20%, and AXT (AXTI) fell 6.23%.