Advanced Micro Devices on Tuesday forecast a slight decline in first-quarter revenue despite an unexpected boost from sales of its AI chips to China, raising doubt about whether it has the supply-chain clout to challenge Nvidia in the booming AI market. Shares fell 7.6% in overnight trading.
Super Micro Computer raised its annual revenue forecast on Tuesday, anticipating a continued robust demand for its AI-optimized servers as companies expand their data center capacity. Shares of the San Jose, California-based company rose over 7% in overnight trading.
Lumentum Holdings Inc. saw its stock price surge over 9% in overnight trading on Tuesday. The significant move followed the release of the company's financial results for the second quarter of fiscal year 2026.
Precious metal shares and ETFs jumped in overnight trading. Endeavour Silver up over 7%; AGQ, UGL up over 4%.
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