Allegro MicroSystems stock jumps 6% as February Analyst Day sharpens focus on targets
New York, Jan 14, 2026, 14:38 EST — Regular session Allegro MicroSystems jumped 6.5% to $32.78 in afternoon trading Wednesday, beating a mixed pack of analog and power chipmakers. The boost came after the company announced it will hold an analyst day next month. Onsemi and Texas Instruments gained roughly 2.3% and 1.3%, respectively, while STMicroelectronics fell about 1.6%. (Yahoo Finance) Analyst days serve as investor briefings that can shake up smaller chip companies, as executives typically detail strategy, product priorities, and long-term objectives. The timing is crucial for investors — these events happen right before the next quarterly report,