Latest News
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.
SMIC Faces Key Earnings and Acquisition Vote in Busy Week Ahead
Semiconductor Manufacturing International Corp. will release unaudited financial results on Feb. 10, followed by a shareholder vote on Feb. 12 to acquire the remaining 49% stake in subsidiary SMNC.
Qualcomm Shares Edge Higher Amid Memory Chip Supply Squeeze
Qualcomm stock rose 0.8% to $137.34 as the company navigates a memory-chip shortage impacting smartphone manufacturers. Investors are monitoring smartphone production plans and potential iPhone pricing adjustments.
MediaTek Shares Slide 3.4% Ahead of Holiday; Firm Doubles Data Center Investment
MediaTek shares fell 3.4% to NT$1,710 as markets closed for the weekend. The chip designer reported higher Q4 sales but lower net income, while announcing plans to double its investment in data center chips and advanced packaging.
Arm Stock Surges on AI Data Center Optimism, Faces Smartphone Headwinds
Arm Holdings shares rallied sharply Friday, extending a two-day rebound as chip stocks gained on AI infrastructure spending hopes, though memory constraints threaten smartphone royalty revenue.
Zhongji Innolight Dips Ahead of Earnings Amid AI Infrastructure Focus
Zhongji Innolight shares fell nearly 4% on Friday despite forecasting a potential 128% profit surge for 2025, with traders eyeing supply constraints and upcoming results.
ADI Director's Stock Sale Precedes Key Earnings, Economic Data
Analog Devices director Ray Stata sold 6,250 shares ahead of the company's fiscal Q1 report and upcoming U.S. payrolls and CPI data. ADI shares closed slightly lower Friday.
