Chip, Storage Shares Jump. Super Micro Soars 12%; ARM Holdings, Credo up Around 3%; Micron, SOXL, SanDisk up Around 2%; Qualcomm, AMD, ASML up Around 1%

TigerMay 29, 2026 8:18 AM

View all comments（0）



Chip, storage shares rose in premarket trading. Super Micro soared 12%; ARM Holdings, Credo up around 3%; Micron, SOXL, SanDisk up around 2%; Qualcomm, AMD, ASML up around 1%.

U.S. tech giants including Alphabet and Amazon plan to spend over $700 billion on AI infrastructure this year, which would drive up demand for server and data center equipment from suppliers such as Dell and Super Micro Computer.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

SanDisk Shares Fall 8% as Outlook Misses Estimates Despite Record Q4 Results

TradingKey - SanDisk (SDNK) delivered its strongest financial results since its spin-off listing, but the capital market's reaction was the exact opposite.

Intel (INTC) Stock Jumps 11% After Earnings Beat: Can the Rally Continue in 2026?

TradingKey - Intel (INTC) stock jumped nearly 11% after strong Q2 earnings. Here's what drove the rally, analyst targets, and key price levels to watch next.

Japan, South Korea Stocks Weaken; Kospi Falls 2%, Nikkei 225 Drops Over 1%, SK Hynix Down Over 5% and Kioxia Slumps 10%

TradingKey - On August 6, Japanese and South Korean stock markets opened lower across the board. Following a broad pullback in the U.S. semiconductor sector overnight, Asian chip stocks came under pressure, weighing on major indices in both markets.

SanDisk Fiscal Fourth-Quarter Revenue Beats Estimates, Rising 372% to $8.965 Billion

On August 5, Eastern Time, SanDisk (SNDK) released its fourth quarter fiscal year 2026 earnings report during US after-hours trading. Following the results, SanDisk's stock price at one point fell more than 8%. As of press time, the gain narrowed to around 4%, trading at $1,287.67.

Gold Price Forecast: Expectations of Easing US-Iran Tensions May Lift Gold to $4,350

Spot gold (XAUUSD) briefly climbed above $4,200 during Wednesday's session. The market is digesting a notable slowdown in U.S. private-sector hiring while monitoring expectations for an easing of shipping disputes in the Strait of Hormuz, with both factors collectively amplifying short-term volatility in the precious metals market.

Featured Tools