Shares of Broadcom jumped roughly 7% to $332.92 in after-hours action on Friday, fueled by renewed optimism that heavy spending on artificial intelligence by major tech players is still picking up steam. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, an investment strategy analyst at Baird. https://www.reuters.com/business/futures-stabilize-after-tech-rout-amazon-slides-ai-capex-lift-2026-02-06/
Shares of Micron Technology fell 0.5% ahead of Friday’s open after Semianalysis downgraded its forecast, now expecting Micron to miss out entirely on supplying HBM4 memory for Nvidia’s next products. https://www.investing.com/news/stock-market-news/micron-stock-dips-as-analyst-slashes-nvidia-hbm4-supply-forecast-to-zero-4491031
KLA Corp jumped roughly 8% Friday, joining a surge across semiconductor stocks as traders moved back into AI-related shares late in the session. At 3:05 p.m. ET, the stock was trading at $1,438.06, up 8.0%.
Analog Devices, Inc. shares were little changed on Friday, slipping less than 0.1% to $322.04 in afternoon trading, after swinging between $316.23 and $331.20. About 3.1 million shares had changed hands.
Tower Semiconductor Ltd shares jumped almost 9% on Friday, pushing higher after the Israeli contract chipmaker revealed new details about its partnership with Nvidia on data-center optical modules. The stock climbed 8.9% to $140.53, moving within a range of $128.96 to $140.88.
Lam Research Corp jumped roughly 7% in midday Nasdaq trading on Friday, riding a wider rally in semiconductor stocks. The shares last changed hands at $228.71, up $15.40, after fluctuating between $214.23 and $229.43 during the session. Applied Materials, KLA, and ASML each advanced between about 4% and 8%.
Texas Instruments Incorporated's stock edged down about 0.5% to $222.79 by midday Friday, lagging behind broader gains in semiconductor names. The spotlight stayed on what the company has been doing with Silicon Labs.
Qualcomm Incorporated shares rose about 1.5% to $138.30 on Friday morning, trying to stabilize after a sharp pullback tied to a cautious outlook from the chip designer.
Micron Technology shares edged up 0.5% to $384.86 in early Friday action, bouncing between $371.27 and $401.50. Investors reacted to a bearish outlook on Micron’s next-gen AI memory. Semianalysis cut its forecast for Micron’s share of Nvidia’s HBM4 supply to zero, saying it sees “no indications of Nvidia ordering Micron HBM4,” according to a report on Investing.com.
Shares of Advanced Micro Devices slipped 3.9% to $192.46 in Thursday’s after-hours, dropping $7.73 from Wednesday’s closing price. During the session, the stock fluctuated between $190.75 and $205.07.
Intel shares ticked up 0.6% to $48.89 Thursday afternoon, having fluctuated between $46.80 and $50.82 in a volatile session. Despite the swings, the stock held up stronger than many in the U.S. tech sector.
Shares of Credo Technology Group Holding Ltd climbed around 2% to hit $98.96 by Thursday afternoon. The Nasdaq-listed company’s stock swung between $93.66 and $101.78, with roughly 5.8 million shares changing hands. Credo's market value stands near $32.5 billion, trading at approximately 153 times trailing earnings.
Tower Semiconductor Ltd shares rose 6.6% to $129.27 in midday trading on Thursday, after the chipmaker disclosed a collaboration with Nvidia tied to data center networking. The stock traded between $118.73 and $145.51 during the session.
Tower Semiconductor shares jumped Thursday following news of a partnership with Nvidia on next-gen silicon photonics aimed at data-center networking. The Israeli chipmaker’s stock surged as much as 20% earlier, closing up 6.6% at $129.29.
Applied Materials, Inc. shares rose on Thursday, clawing back some ground after the prior session’s selloff. The stock was up about 0.7% at $299.55 by midday, after swinging between $292.42 and $306.82.
Analog Devices shares jumped Wednesday, closing roughly 3% higher at $320.44. The stock outpaced a choppy U.S. session as investors poured cash into segments of the semiconductor sector.
KLA Corp shares dipped once more on Wednesday, ending the day 3.6% lower at $1,307.22 amid a wider slump in tech stocks weighing on chip-equipment firms.
Applied Materials dropped 6.6%, closing at $297.60 Wednesday evening, hitting a trough of $287.72 during the day as semiconductor shares faced another round of selling pressure.
Shares of Advanced Micro Devices plunged Wednesday after the company’s first-quarter forecast signaled a sequential decline and underscored the heavy reliance on China shipments for its recent AI-chip surge. The stock closed the regular session down 16.3% at $202.59.