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Arrow Electronics had a strong Friday. The electronic-components distributor jumped as investors piled back into economically sensitive mid-caps after a disappointing September jobs report knocked down expectations of another Federal Reserve rate hike. NYSE:ARW, an S&P MidCap 400 member, was one of several stocks …
Avnet hit a fresh 52-week high as investors bet that the AI chip boom is now lifting the companies that move components around the world. Shares jumped to a new 52-week high on Friday, rising to $107.15, in a move linked to artificial-intelligence and …
Direct Digital Holdings (NASDAQ:DRCT) fell below a dollar on Friday in one of the day's steepest declines, though no company-specific announcement was found to explain the drop. Shares plunged on Friday, October 2, closing at $0.91. The advertising-technology company was one of the biggest …
Entegris shares soared on Friday, trading at $167.05, as the chip-materials supplier rode a powerful rally across the semiconductor industry. NASDAQ:ENTG has now nearly doubled since the start of the year, making it a standout performer this year among S&P MidCap 400 members. The …
Marvell Technology (NASDAQ:MRVL) climbed on Friday, October 2, landing on the list of the Nasdaq-100's top gainers as investors rushed back into the chipmakers that power AI data centers. Marvell designs custom chips for cloud giants, plus the networking, storage and optical-connectivity silicon that …
Microsoft (NASDAQ:MSFT) joined Friday's tech rally, but its gain looked modest next to the fireworks in semiconductor stocks. Shares edged higher on Friday, October 2, helping theDow Jones Industrial Averagefinish 250.40 points up at 51,176.96. But in a session dominated by chipmakers, the software …
Micron Technology (NASDAQ:MU) barely moved on Friday, ending roughly flat to slightly lower, on a day when the stocks around it swung wildly in both directions. On one side, chipmakers surged and the Nasdaq-100 closed at a record. On the other, hard-drive makers Seagate …
MaxLinear (NASDAQ:MXL) soared on Friday, closing at $105.93, up $13.81, after the company unveiled Puma 9, its next-generation broadband chip. The jump made MaxLinear one of the standout gainers on the Nasdaq Composite in a session dominated by semiconductor stocks. Reports varied on the …
Nebius Group (NASDAQ:NBIS) shares soared on Friday, October 2, ranking among the top gainers in the Nasdaq-100 after the AI cloud company announced anAcquisitionand received a bullish upgrade from BNP Paribas. Nebius, which rents out computing power built on Nvidia graphics chips to companiesTrainingand …
NXP Semiconductors (NASDAQ:NXPI) finished Friday's session higher, landing among the better performers on the Nasdaq-100 as investors piled back into chipmakers of almost every kind. The Dutch-headquartered company is best known for the chips that sit inside cars, factory equipment and payment cards rather …
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