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MaxLinear rocketed on Friday as chip stocks rallied hard on AI demand, even though no company-specific announcement was reported to explain the surge.
Nebius (NASDAQ:NBIS) gave back ground on Friday as AI cloud stocks cooled, only a day after Bank of America lifted its revenue forecasts for the company.
Intel (NASDAQ:INTC) fell on Friday as traders took profits after a long rally, making it a rare red spot on a day when most chip stocks were rising strongly.
IREN (NASDAQ:IREN) sank on Friday as the week's selling in AI cloud stocks widened, with Redburn's cautious initiation still hanging over the group.
Microsoft (NASDAQ:MSFT) climbed to the top of the Dow on Friday after unveiling a revamped Copilot with "Autopilot" agentic features, sparking a lively debate over what AI agents mean for business.
Fastly opened sharply higher on Friday on the back of its newLong-term Growthtargets, but the rally ran out of steam and reversed after Citi called the stock's run-up "excessive".
Fastly unveiled ambitiousLong-term Growthtargets, but a skeptical Citi note cooled the excitement, routine insider sales were also noted, and the stock ended Friday lower after an early jump.
Hut 8 (NASDAQ:HUT) tumbled on Friday as investors soldBitcoinminers that have been expanding into AI infrastructure, even with bitcoin itself barely moving.
JFrog (NASDAQ:FROG) sank on Friday as software stocks lagged a tech rally that was powered mainly by chipmakers and megacaps.
Cohu climbed on Friday as the semiconductor rally spread from chipmakers to the companies that test and handle chips, with no company-specific news reported for the stock.
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