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Ciena (NYSE:CIEN) shares are surging over 14% today, riding a sector-wide sympathy rally after peer Lumentum (NASDAQ:LITE) postedBlowoutfiscal fourth-quarter results, with EPS of $3.23 versus $2.97 expected and revenue of $1.01 billion, roughly doubling year-over-year, alongside raised forward guidance. The move builds on a …
Fabrinet (NYSE:FN) shares surged over 10% today ahead of its fiscal fourth-quarter 2026 earnings report, scheduled for release post-market on August 17, as investors positioned for another strong quarter amid robust AI-drivenDemandfor optical communications components. The rally comes on the heels of peer Lumentum's …
SK hynix (NASDAQ:SKHY) American Depositary Receipts are surging today after reports that Singapore sovereign wealth fund Temasek plans its first-ever direct investment in the Korean stock market, targeting SK hynix and Samsung Electronics as it views memory semiconductors as undervalued. The news has driven …
Arista Networks (NYSE:ANET) shares are surging near 52-week highs today, riding the broader AI infrastructure rally sparked byBlowoutEarningsfrom CoreWeave (NASDAQ:CRWV) and Super Micro Computer (NASDAQ:SMCI) that reinforced confidence in AI capex growth. The move builds on Arista's own second-quarter 2026 results, which beat estimates …
If you're following Celestica (NYSE:CLS) today, shares surged over 8% as investors rotated back into the stock following recent volatility, refocusing on the company's strong AI infrastructureDemandoutlook. The rally builds on late-July earnings that beat expectations, with adjusted EPS of $2.54 on revenue of …
Dell Technologies (NYSE:DELL) shares are surging today alongside a broad AI-infrastructure rally, jumping over 7% as hardwareDemandremains robust, lifted by peers CoreWeave (NASDAQ:CRWV), Super Micro Computer (NASDAQ:SMCI), and Nebius (NASDAQ:NBIS). The move also follows Goldman Sachs (NYSE:GS) raising its price target on Dell to …
Micron Technology (NASDAQ:MU) shares surged over 6% today and briefly topped a $1 trillion market cap, extending a broad AI-hardware rally after strong earnings from CoreWeave (NASDAQ:CRWV) and Super Micro Computer (NASDAQ:SMCI) reinforced expectations of insatiable demand for memory. Management commentary from Micron's appearance …
Quantinuum (NASDAQ:QNT) shares are surging today as investors continue digesting the company's first earnings report as a public company, released a day earlier, which showed second-quarter revenue surging 279% year-over-year to $8 million, beating the $7.6 million estimate, thoughGAAPnet loss widened sharply to $597 …
Semtech (NASDAQ:SMTC) shares are surging today alongside a broad rally in networking and storage-linked semiconductor names, including Marvell (NASDAQ:MRVL), MACOM (NASDAQ:MTSI), Micron (NASDAQ:MU), and Western Digital (NASDAQ:WDC), as a wave of strong AI-drivenEarningsand guidance from industry peers, including CoreWeave's (NASDAQ:CRWV) revenue doubling and Super …
Astronics (NASDAQ:ATRO) shares are surging after the aerospace and defense supplier delivered a blowout second-quarter 2026 earnings report, with adjusted EPS of $0.70 beating the $0.59 estimate and revenue jumping 27% year-over-year to $260.0 million versus $245.3 million expected. Investors are responding enthusiastically to …
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