Latest News
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.
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.
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.
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.
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.
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.
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.
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.
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.
Infineon Gains on Planned Power Chip Price Increases, AI Demand Outlook
Infineon shares rose 1.5% Friday following reports of planned price hikes for select power products in April. The company cites tight supply and higher costs, with UBS raising its price target to €47.
TE Connectivity Rallies 3.5% Ahead of Key Debt Offering, CPI Data
TE Connectivity shares rebounded Friday, closing up 3.46% at $215.91, though the stock remains down 5% for the week. Investors are focused on the company's $750 million senior notes offering closing Monday and upcoming U.S. inflation data.