Technology

Semtech Corporation (NASDAQ: SMTC) shares surged roughly 11% on heavy trading interest, sharply outperforming the broader semiconductor sector and market as the stock rebounds strongly from this week's AI-driven tech selloff.

Alvotech (NASDAQ: ALVO) shares are surging after Barclays analyst Glen Santangelo issued a rare double upgrade, moving the stock from Underweight to Overweight and doubling his price target to $8 from $4, citing a materially improved regulatory outlook.

AXT, Inc. (NASDAQ: AXTI) shares are surging as investors rotate back into the indium phosphide substrate maker following a volatile stretch tied to its AI-driven optical connectivity growth story.

Bloom Energy Corporation (NYSE: BE) shares are rebounding sharply, rising over 4% and recovering from Monday's AI-safety-driven selloff, as investors refocus on the company's fundamentals ahead of its official S&P 500 index inclusion effective September 21.

Ralliant Corporation (NYSE: RAL) shares are trading sharply higher, up nearly 4% and outperforming the broader tech sector, after the company raised its 2026 earnings guidance, pointing to double-digit revenue growth at the midpoint.

The reason these three names sit on any serious S&P 500 software watchlist is that none of them chases the broad horizontal market dominated by the mega-caps. Each has built a defensibleFranchiseinside a narrow vertical, and their mid-2026 results show that focus converting into …

Every advanced chip and almost every building, bridge or manufactured product now begins life as software. That makes a small group of engineering-software companies unusually important to the S&P 500, and unusually exposed to the artificial-intelligence boom, because the tools used to design AI …