US Stock Pre-market: Light Communication Sector Up Across the Board, Corning Up by 2.43%

June 22 – According to Bitget market data, Intel (INTC.O) shares opened 3.3% higher, after rallying more than 10% in the prior trading session.

On June 22, according to market data from Bitget, the U.S. stock storage sector posted broad-based gains. Notable performances in the sector included: Seagate Technology (STX) rising 2.08%, Western Digital (WDC) climbing 0.64%, SanDisk (SNDK) jumping 4.54%, and Micron Technology (MU) advancing 4.29%.

June 22 — U.S. Treasury Secretary Janet Yellen announced that under President Donald Trump and his vice president’s administration, the United States remains dedicated to fostering a safer, more prosperous global order. As part of ongoing constructive negotiations held in Switzerland, Iran has pledged to ensure unimpeded freedom of navigation through the Strait of Hormuz and grant full access to its nuclear facilities to International Atomic Energy Agency (IAEA) inspectors. Pursuant to this framework, the U.S. Department of the Treasury has issued a 60-day general temporary license authorizing the production, delivery, and sale of Iranian oil. In energy markets, WTI Crude fell 3% intraday to $74.93 per barrel. Brent Crude dropped below the $78 threshold, down 2.75% on the session.

June 22: Per Bitget market data, SpaceX opened with a plunge of over 5%, now trading at $175, boasting a $2.30 trillion market capitalization.

On June 22, as U.S. stock markets opened for trading, the Dow Jones Industrial Average climbed 0.27%, the S&P 500 gained 0.12%, and the Nasdaq Composite edged down 0.08%. Micron Technology (Nasdaq: MU) surged 5.28% after the semiconductor maker announced a strategic agreement with Anthropic to expand next-generation artificial intelligence infrastructure.

June 22 — Dell and Nvidia have jointly launched the "Dell AI Factory," an initiative aimed at advancing supercomputing infrastructure to power next-generation High Performance Computing (HPC) and Artificial Intelligence (AI). As of press time, Dell traded 0.37% higher in pre-market action, while Nvidia gained 0.24%.