U.S. stocks were wavering Friday as investors waited for U.S. inflation data and looked ahead to weekend peace talks around the Iran conflict.

These stocks were making moves:

Nvidia was falling 0.5% in the premarket. The chip maker was on course to snap a seven-day winning streak, its longest run of consecutive daily gains since November 2023.

Intel was down 0.2% in premarket trading. The semiconductor company has been on a stellar run, its share price more than tripling in the past 12 months and hitting its highest levels for nearly five years amid excitement about chip deals with Tesla and Google.

Lumentum Holdings was gaining 5.4% in the premarket and its optical-equipment peerCoherent was rising 3.9%. The stocks were rising after Bloomberg reported that Lumentum is seeing strong AI-related demand. J.P. Morgan analysts also raised their price targets for Lumentum and Coherent, both of which arebackedby Nvidia.

Organon was gaining 11.3%. The women’s healthcare company has been boosted by a media report that India’s Sun Pharmaceutical submitted a binding offer for the company.

Simulations Plus was rising 13.7%. The company, which aims to accelerate drug development with artificial intelligence, reported an 8% rise in quarterly revenue to $24.3 million, compared with analysts’ estimates of $21.7 million.