24H | Chip and Memory Stocks Rebound; Intel Gains Over 2%, Apple and Palantir Fall Over 2%

US Overnight
12 hours ago

In Tuesday's overnight night trading session, Grab Holdings climbed 3.85%. The company beat Q3 revenue at $1.112 billion versus $1.05 billion and lifted 2026 revenue guidance to $4.15–$4.20 billion.

Bloom Energy Corp (BE) advanced 4%. Shares moved after a new strategic partnership to support California decarbonized power projects.

Marvell Technology (MRVL) gained 1.86%. The company agreed to acquire Lumentum at about a 23.9% premium.

Intel rose 2%. Reports highlighted mounting pressure to execute its foundry strategy following a sharp post‑earnings slide.

Chip stocks rose, with Direxion Daily Semiconductors Bull 3x Shares rising 3.40%, United Microelectronics rising 2.01%, Astera Labs, Inc. rising 1.69%, Advanced Micro Devices rising 1.56%, SUPER MICRO COMPUTER INC rising 1.48%, NVIDIA rising 1.09%.

Micron Technology (MU) increased 1%. Investors weighed the expiration of repurchase limits on Dec. 9 and potential buybacks.

Memory chip stocks rose, with Roundhill Memory ETF rising 2.14%, SanDisk Corp. rising 1.85%.

Palantir fell 2.8%. The company posted stronger results, with U.S. commercial revenue surpassing government for the first time and full‑year guidance raised.

Apple declined 2.66%. Despite topping revenue and EPS, management guided Q1 gross margin to 45%–46% and slower services growth amid higher memory costs and AI spending.

Among other individual movers, Applied Optoelectronics (AAOI) gained 2.24%, IREN Ltd advanced 2.00%, BWX Technologies Inc (BWXT) fell 2.47%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10