Woofun AI data shows that US pre-market trading witnessed broad gains across semiconductor, optical communication, and storage sectors following the release of June CPI figures. The non-seasonally adjusted year-on-year CPI growth rate stood at 3.5%, down from 4.2% and below market expectations of 3.8%.

In the semiconductor sector, Applied Materials rose 6.53%, Marvell Technology gained 5.7%, Intel increased 3.89%, and Arm climbed 3.71%. Optical communication stocks also advanced, with Credo up 6.36%, Applied Optoelectronics rising 6.26%, Astera Labs gaining 6%, Corning up 5.4%, and Coherent increasing 4.05%. Storage sector strength was evident as SanDisk rose 6.54%, Seagate Technology gained 5.43%, Western Digital increased 5.3%, and Micron Technology climbed 5.03%.