AI Surge Breaks Through: Broadcom and Marvell Emerge as New Kings of the Chip Arena?
Morning Movers
Gapping Up
$Starbucks (SBUX.US)$ rose 7.01% as its net sales increased 6% from a year ago to $9.9 billion, beating analysts' expectations.
$C3.ai (AI.US)$ rose 13.96%, in talks to merge with startup Automation Anywhere', according to The Information.
$Ondas (ONDS.US)$ rose 7.06% as its American robotics optimus drone approved for 'rapid federal procurement.'
$Texas Instruments (TXN.US)$ increased 7.31% in premarket trading after issuing better-than-expected Q1 guidance and signaling improving orders with recovery in industrial demand and strength in data center revenue.
$Intel (INTC.US)$ increased 5.08% in premarket trading after strong earnings and record bookings from ASML and SK Hynix lifted semiconductor shares.
$ASML Holding (ASML.US)$ climbed 4.99% in premarket trading after reporting record Q4 bookings and strong 2026 revenue guidance and announcing a 12 billion euros share buyback and a 17% dividend increase.
$Analog Devices (ADI.US)$ climbed 4.0% in premarket trading after Texas Instruments posted better than expected Q1 guidance and disclosed roughly seventy percent year over year data center growth prompting a sympathy rally across analog semiconductor peers.
$Arista Networks (ANET.US)$ climbed 3.93% in premarket trading due to Wells Fargo saying the launch of Microsoft Maia 200 AI chips and emphasis on Ethernet based scale up support could benefit Arista Networks.
$Applied Materials (AMAT.US)$ climbed 3.85% in premarket trading after Mizuho Securities raised its price target to 370 while reiterating a buy rating.
$Micron Technology (MU.US)$ climbed 3.66% in premarket trading due to ASML reporting record fourth quarter bookings and raising its 2026 sales outlook which boosted semiconductor and data storage stocks and Mizuho raising the price target on Micron to 480.
$KLA Corp (KLAC.US)$ climbed 3.64% in premarket trading after ASML reported record fourth quarter orders and bookings that exceeded estimates sparking a rally in semiconductor equipment peers.
$Lam Research (LRCX.US)$ climbed 3.58% in premarket trading after ASML posted strong fourth quarter results with record net bookings that lifted semiconductor equipment peers and as investors awaited Lam Research earnings.
$AT&T (T.US)$ climbed 3.26% in premarket trading after reporting fourth quarter revenue and adjusted EPS that beat estimates and guiding 2026 adjusted EPS above expectations while outlining plans to return over 45 billion to shareholders through dividends and share repurchases.
$Amphenol (APH.US)$ lost 13.35% in premarket trading after reporting record fourth quarter results and issuing first quarter guidance for sales of six point nine to seven point zero billion and adjusted eps of zero point ninety one to zero point ninety three.
Gapping Down
$Amphenol (APH.US)$ lost 13.35% in premarket trading after reporting record fourth quarter results and issuing first quarter guidance for sales of six point nine to seven point zero billion and adjusted eps of zero point ninety one to zero point ninety three.
$United Microelectronics (UMC.US)$ dropped 7.93% in premarket trading after reporting Q4 results and issuing conservative Q1 guidance with wafer shipments flat ASPs firm gross margin in the high 20% range and capacity utilization in the mid 70% range.
$Namib Minerals (NAMM.US)$ dropped 7.64% in premarket trading.
$Richtech Robotics (RR.US)$ dropped 7.43% in premarket trading after announcing a 38.7 million private placement of 8.5 million Class B common shares at the market under Nasdaq rules.
$Elevance Health (ELV.US)$ dropped 7.09% in premarket trading after forecasting 2026 adjusted EPS below estimates and a low single digit decline in operating revenue amid Medicaid enrollment declines.
$GE Vernova (GEV.US)$ fallen 3.56% in premarket trading amid a mixed earnings update with EBITDA below consensus ongoing wind segment losses and $70 million tariff impacts despite raised 2026 and 2028 sales guidance.

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