Semtech (NASDAQ: SMTC) has drawn meaningful institutional buying, with firms including Jennison Associates, Ameriprise, and Principal Financial all adding shares recently.
Credo Technology (NASDAQ: CRDO) surged over 7% on Monday, bucking a broader semiconductor sector recovery narrative after last week's sharp 10% Philadelphia Semiconductor Index sell-off.
IonQ (NYSE: IONQ) shares are gaining roughly 3% Monday, partially rebounding after falling 19% last week amid a broader tech and semiconductor selloff.
Rigetti Computing (NASDAQ: RGTI) gained amid a broader quantum computing sector rebound, trading near its 52-week low after a bruising stretch for AI hardware names.
NVIDIA (NASDAQ: NVDA) is trading modestly higher, up approximately 2%, leading a chip sector bounce-back after last week's brutal roughly 10% semiconductor selloff that pushed the Philadelphia Semiconductor Index into bear market territory.
NVIDIA (NASDAQ: NVDA) continues to reinforce its platform dominance through a new AI partnership with Jeff Bezos-backed CuspAI and Japan national AI infrastructure deals, alongside strong underlying fundamentals.
Advanced Micro Devices (NASDAQ: AMD) shares are rallying up approximately 3%, outperforming the broader semiconductor sector, after the company announced a major expanded strategic partnership with Microsoft to deploy its Helios Rackscale Solution on Azure for frontier model AI inference.
SanDisk (NASDAQ: SNDK) is surging more than 5%, reclaiming ground after last week's sharp semiconductor sector selloff, as risk appetite returns and investors buy the dip ahead of the August 5 earnings report.
MARA Holdings (NASDAQ: MARA) investors continue to focus on the company's $1.5 billion acquisition of Long Ridge Energy & Power, announced in April, as part of its strategic pivot beyond Bitcoin mining.
HIVE Digital Technologies (NASDAQ: HIVE) shares are rallying, trading near a one-year low as investors weigh the company's longer-term AI infrastructure ambitions against a difficult operating backdrop.