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Lumentum Holdings (NASDAQ:LITE) shares surged in Wednesday's session, rebounding sharply after a two-day sector-wide selloff that had dragged the stock down roughly 7.5% on Monday amid broader concerns over AI infrastructure spending sustainability following AI industry leaders' calls to slow AI development. Lumentum, headquartered …
Space Exploration Technologies (NASDAQ:SPCX) shares surged in Wednesday's session as investors positioned ahead of Starship's 14th flight test, scheduled for September 22. SpaceX, founded in 2002 by Elon Musk and based in Starbase, Texas, is a leading aerospace manufacturer and space transportation company that …
AMD (NASDAQ:AMD) shares rose in Wednesday's session as chip stocks recovered from Monday's sharp selloff, which had been driven by AI executives' warnings about pacing frontier AI development. That selloff had pushed AMD down roughly 6% and dragged the Philadelphia Semiconductor Index down about …
AXT Inc (NASDAQ:AXTI) shares surged in Wednesday's session as investors rotated back into indium phosphide substrate maker AXT, following a volatile stretch tied to its AI-driven optical connectivity growth story. AXT is a Fremont, California-based materials science company that designs, develops, manufactures, and distributes …
CipherMining(NASDAQ:CIFR) shares surged in Wednesday's session, rebounding sharply from the prior session's crypto-linked weakness as the stock rallies alongside a broader tech recovery ahead of the Federal Reserve's rate decision. Cipher Mining is a U.S.-based industrial-scale technology company headquartered in New York City and …
Coherent (NYSE:COHR) shares surged in Wednesday's session as AI-optics and photonics stocks staged a broad rebound following a sharp sector-wide selloff earlier in the week that had been triggered by AI industry leaders' calls to slow AI development, alongside broader macro pressure from rising …
Teradyne, Inc. (NASDAQ: TER) shares are rebounding sharply, up about 4% and recovering from Monday's 13.3% AI-slowdown-driven selloff and Tuesday's broader semiconductor weakness, as chip stocks bounce broadly ahead of the Fed's rate decision.
Vera Therapeutics, Inc. (NASDAQ: VERA) shares are pulling back after Monday's ORIGIN 3 data announcement, with investors now weighing caveats around the positive headline results.
EPAM Systems, Inc. (NYSE: EPAM) shares are giving back a portion of their recent earnings-driven rally, falling as broader markets digest the Fed's rate decision and elevated Treasury yields, which have pressured richly valued technology and IT-services names.
Cipher Digital, Inc. (NASDAQ: CIFR) shares are surging roughly 16% and sharply outperforming the broader tech tape, rebounding strongly after Tuesday's crypto-linked selloff that had pushed the stock down about 3.4% amid a broader bitcoin pullback ahead of the Fed decision.
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