U.S. Semiconductor Stocks Rise Premarket After Asia Rally

Dow Jones

05/26

By Joe Stonor

U.S. chip and memory stocks rallied premarket following gains for artificial intelligence-related names in Hong Kong and South Korea.

Micron Technology shares rose 4.9%, or $36.50, while Arm Holdings rose 3% premarket.

Meanwhile, Santa Clara-based Marvell Technology shares jumped 5.4% premarket ahead of the chipmaker's first-quarter earnings release Wednesday. SanDisk and Qualcomm gained 2.9% and 2.5%, respectively.

The tech-heavy Nasdaq leads the major U.S. stock indexes premarket, rising 0.8%. The index has risen seven of the past eight weeks and closed Friday at its third highest level.

Chip stocks are catching up on gains made across the technology sector in Asia Monday as U.S. stock trading is set to return after the Memorial Day break.

Sentiment in the sector was boosted by apparent advances in peace talks between U.S. and Iran, though an exchange of strikes between the two sides saw stock futures pare some gains Tuesday.

Chinese chip stocks listed in Hong Kong rose after a new design approach from Huawei rallied optimism around the capability of local suppliers, with the Nasdaq-equivalent Hang Seng Tech index rising 1.8%.

In Korea, semiconductor stocks pushed the Kospi to an intraday record.

As well as a broader uplift in sentiment over the weekend, Micron received a boost from President Trump. Speaking at a New York rally shortly after market close Friday, Trump called Micron "great".

Write to Joe Stonor at josephmichael.stonor@wsj.com

(END) Dow Jones Newswires

May 26, 2026 05:56 ET (09:56 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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SanDisk and Qualcomm gained 2.9% and 2.5%, respectively. \n</p>\n<p>\n  The tech-heavy Nasdaq leads the major U.S. stock indexes premarket, rising 0.8%. 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Speaking at a New York rally shortly after market close Friday, Trump called Micron \"great\". \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Joe Stonor at josephmichael.stonor@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 26, 2026 05:56 ET (09:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Semiconductor Stocks Rise Premarket After Asia Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Semiconductor Stocks Rise Premarket After Asia Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-26 17:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Joe Stonor \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  U.S. chip and memory stocks rallied premarket following gains for artificial intelligence-related names in Hong Kong and South Korea. \n</p>\n<p>\n  Micron Technology shares rose 4.9%, or $36.50, while <a href=\"https://laohu8.com/S/ARM\">Arm</a> Holdings rose 3% premarket. \n</p>\n<p>\n  Meanwhile, Santa Clara-based Marvell Technology shares jumped 5.4% premarket ahead of the chipmaker's first-quarter earnings release Wednesday. SanDisk and Qualcomm gained 2.9% and 2.5%, respectively. \n</p>\n<p>\n  The tech-heavy Nasdaq leads the major U.S. stock indexes premarket, rising 0.8%. The index has risen seven of the past eight weeks and closed Friday at its third highest level. \n</p>\n<p>\n  Chip stocks are catching up on gains made across the technology sector in Asia Monday as U.S. stock trading is set to return after the Memorial Day break. \n</p>\n<p>\n  Sentiment in the sector was boosted by apparent advances in peace talks between U.S. and Iran, though an exchange of strikes between the two sides saw stock futures pare some gains Tuesday. \n</p>\n<p>\n  Chinese chip stocks listed in Hong Kong rose after a new design approach from Huawei rallied optimism around the capability of local suppliers, with the Nasdaq-equivalent <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Tech index rising 1.8%. \n</p>\n<p>\n  In Korea, semiconductor stocks pushed the Kospi to an intraday record. \n</p>\n<p>\n  As well as a broader uplift in sentiment over the weekend, Micron received a boost from President Trump. Speaking at a New York rally shortly after market close Friday, Trump called Micron \"great\". \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Joe Stonor at josephmichael.stonor@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 26, 2026 05:56 ET (09:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0792757196.USD","symbol_name":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2638518735","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638518735","pubTimestamp":1779789360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"U.S. chip and memory stocks rallied premarket following gains for artificial intelligence-related names in Hong Kong and South Korea.Micron Technology shares rose 4.9%, or $36.50, while Arm Holdings rose 3% premarket.Meanwhile, Santa Clara-based Marvell Technology shares jumped 5.4% premarket ahead of the chipmaker's first-quarter earnings release Wednesday. 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SanDisk and Qualcomm gained 2.9% and 2.5%, respectively. \n\n\n  The tech-heavy Nasdaq leads the major U.S. stock indexes premarket, rising 0.8%. The index has risen seven of the past eight weeks and closed Friday at its third highest level. \n\n\n  Chip stocks are catching up on gains made across the technology sector in Asia Monday as U.S. stock trading is set to return after the Memorial Day break. \n\n\n  Sentiment in the sector was boosted by apparent advances in peace talks between U.S. and Iran, though an exchange of strikes between the two sides saw stock futures pare some gains Tuesday. \n\n\n  Chinese chip stocks listed in Hong Kong rose after a new design approach from Huawei rallied optimism around the capability of local suppliers, with the Nasdaq-equivalent Hang Seng Tech index rising 1.8%. \n\n\n  In Korea, semiconductor stocks pushed the Kospi to an intraday record. \n\n\n  As well as a broader uplift in sentiment over the weekend, Micron received a boost from President Trump. Speaking at a New York rally shortly after market close Friday, Trump called Micron \"great\". \n\n\n \n\n\n  Write to Joe Stonor at josephmichael.stonor@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 26, 2026 05:56 ET (09:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}