PTC Inc shares surged 34.1% in premarket trading. France's Schneider Electric said on Monday it ‌had agreed to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, confirming reports from Sunday. The $205-per-share offer implies ​an enterprise value of $23.7 billion for Boston-based PTC and ​represents a 42.3% premium to its last closing share ⁠price.

Crypto stocks rallied in premarket trading. Strategy and MARA Holdings rose 3%; Circle, Bitmine, Coinbase, Riot Platforms, and Robinhood rose 2%.

Vistra Energy shares jumped 6.6% in premarket trading. The US will lend Vistra Corp about $4.2 billion to boost its nuclear power generation, a person familiar with the matter ​said on Saturday.

Cerebras Systems shares rallied 6.2% in premarket trading, after OpenAI CEO Sam Altman called chipmaker “close partner“.

Qualcomm shares rose 2.9% in premarket trading. China's Huawei Technologies said on Monday it had agreed a broad multi-year ​patent licence deal with Qualcomm covering ‌artificial intelligence, 5G, computing and networking technologies.

TSMC shares rose 1.2% in premarket trading. SpaceX and Terafab founder Elon Musk confirmed my story on talks between TSMC and Terafab.