TFC Optical Sees Volatile Trading Ahead of Chinese New Year Market Closure
Markets Daniel Marsh

TFC Optical Sees Volatile Trading Ahead of Chinese New Year Market Closure

Suzhou TFC Optical Communication shares rose 0.4% to 252.97 yuan amid heavy trading as margin financing declined and markets prepare for the Spring Festival holiday shutdown.

AAOI
GigaDevice Shareholder Vote Looms Amid Global Memory Chip Crunch
Technology Sarah Chen

GigaDevice Shareholder Vote Looms Amid Global Memory Chip Crunch

GigaDevice Semiconductor's Class A shares slipped 0.6% to 276.17 yuan as investors eye a key shareholder vote and navigate the global memory chip shortage, which has propelled the stock nearly 99% higher over the past year.

AAPL
Astera Labs Soars 19% Ahead of Q4 Earnings, Fueled by AI Optimism
Earnings James Calloway

Astera Labs Soars 19% Ahead of Q4 Earnings, Fueled by AI Optimism

Astera Labs shares surged nearly 19% to close near $170 on Friday, buoyed by positive AI spending forecasts and a strong semiconductor sector rally. The company reports Q4 results after the market closes on Tuesday.

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Sungrow Denies Space Ventures, Shares Dip Ahead of Holiday Closure
Technology Sarah Chen

Sungrow Denies Space Ventures, Shares Dip Ahead of Holiday Closure

Sungrow Power Supply clarified it has no commercial space projects, with shares falling 1.03% to 144.50 yuan. Markets face a shortened trading window before the Spring Festival break.

XLK
Monolithic Power Soars to Record High on Strong Guidance and Dividend Boost
Earnings James Calloway

Monolithic Power Soars to Record High on Strong Guidance and Dividend Boost

Monolithic Power Systems stock surged 6.4% to a new 52-week peak after forecasting Q1 revenue up to $790M and raising its quarterly dividend to $2.00.

MPWR ADI TXN XLK
Microchip Technology Shares Slip on Mixed Outlook and Analyst Views
Earnings James Calloway

Microchip Technology Shares Slip on Mixed Outlook and Analyst Views

Microchip Technology shares declined 2.6% Friday following its quarterly results and guidance, with analysts divided on the stock's path amid supply chain pressures.

MCHP
Renesas Surges on $3B Timing Unit Sale to SiTime, Posts Strong Outlook
Technology Sarah Chen

Renesas Surges on $3B Timing Unit Sale to SiTime, Posts Strong Outlook

Renesas Electronics shares jumped 6.9% after announcing a $3 billion deal to divest its timing business to SiTime. The chipmaker also provided robust quarterly revenue and margin guidance.

RNASY
Moore Threads Gains on Autonomous Driving Partnership with Pony.ai
Technology Sarah Chen

Moore Threads Gains on Autonomous Driving Partnership with Pony.ai

Moore Threads shares rose after announcing a strategic compute partnership with autonomous vehicle firm Pony.ai, which plans to deploy over 3,000 robotaxis by late 2026.

FXI
NXP Secures $3B Credit Facility as Chip Sector Rallies on AI Spending
Technology Sarah Chen

NXP Secures $3B Credit Facility as Chip Sector Rallies on AI Spending

NXP Semiconductors amended a $3 billion revolving credit line with Barclays, maturing in 2031, while the broader chip sector surged on AI investment signals from major tech firms.

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ASE Technology Surges on $7B AI Packaging Bet, Eyes Margin Growth
Technology Sarah Chen

ASE Technology Surges on $7B AI Packaging Bet, Eyes Margin Growth

ASE Technology shares rallied 7.2% after announcing a record $7 billion capital expenditure plan for 2026, targeting robust AI packaging demand. Management forecasts a sequential revenue dip in Q1 but sees improving profitability.

ASX
Coherent Shares Surge on Texas Semiconductor Grant and Upgraded Analyst Targets
Technology Sarah Chen

Coherent Shares Surge on Texas Semiconductor Grant and Upgraded Analyst Targets

Coherent stock rallied nearly 9% Friday following a $14.1 million state grant for its indium phosphide wafer project and price target increases from JPMorgan and Stifel.

COHR
Cambricon Shares Extend Losses as Investors Eye Key Earnings Report
Technology Sarah Chen

Cambricon Shares Extend Losses as Investors Eye Key Earnings Report

Cambricon Technologies' stock declined 2.02% to 1,036.99 yuan on Friday, extending a recent slide. The AI chipmaker's upcoming March 13 earnings report is seen as a critical test for its projected profit recovery.

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