Large-cap technology and AI-linked stocks dominated Wall Street’s top gainers list last week as investors rotated into companies tied to semiconductor demand, cybersecurity and digital infrastructure growth.
Strong earnings, upbeat guidance, analyst upgrades and growing optimism around AI spending helped drive momentum across several market-leading names.
These ten large-cap stocks were top performers last week. Are they a part of your portfolio?
Tower Semiconductor Ltd. (NASDAQ:TSEM) jumped 28.48% this week after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance with its midpoint above estimates. Also, the company announced that it had signed a $1.3 billion silicon photonics contract. Multiple analysts raised their price forecasts on the stock.
Applied Optoelectronics, Inc. (NASDAQ:AAOI) increased 25.36% this week. The latest price action follows a bullish analyst reset: Rosenblatt reiterated a Buy and raised its …
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