Microchip Technology Inc. (NASDAQ: MCHP) traded up about 3.1%, at $73.39 in a 52-week range of $64.53 to $90.00.
Lam Research Corp. (NASDAQ: LRCX) traded up by about 2.9%, at $574.58 in a 52-week range of $501.67 to $731.85. The company had no specific news, but it is another semiconductor equipment maker.
KLA Corp. (NASDAQ: KLAC) traded up by about 3.3%, at $377.25 in a 52-week range of $273.24 to $457.12. Another semiconductor equipment maker.
Applied Materials Inc. (NASDAQ: AMAT) traded up about 2.7%, at $135.39 in a 52-week range of $105.50 to $167.06. The company had no specific news, but it is another semiconductor equipment maker.
ASML Holding N.V. (NASDAQ: ASML) traded up about 3.0%, at $646.99 in a 52-week range of $501.11 to $895.93. The company had no specific news, but it is another semiconductor equipment maker.
Analog Devices Inc. (NASDAQ: ADI) traded up 2.7%, at $158.19 in a 52-week range of $142.25 to $191.95. The company had no specific news but makes the same sort of chips as Tower.
Cadence Design Systems Inc. (NASDAQ: CDNS) traded up 2.1%, at $145.03 in a 52-week range of $118.11 to $192.70. Cadence makes the application software that many chipmakers use to design their chips.
NXP Semiconductors N.V. (NASDAQ: NXPI) traded up by about 2.2%, at $189.97 in a 52-week range of $164.19 to $239.91. The chipmaker had no specific news.
Intel Corp. (NASDAQ: INTC) traded up about 0.2%, at $47.67 in a 52-week range of $46.30 to $68.49. Investors were pleased to see the company take a step to grow its business.
On the negative side, we could find only three tech stock losers in early trading Tuesday.
Fiserv Inc. (NASDAQ: FISV) traded down about 1.4%, at $96.54 in a 52-week range of $92.06 to $127.34. The company had no specific news, but rival Fidelity National Information Services posted weak results and offered downside guidance in the morning. Fiserv’s decline is likely a coattail effect.
Intuit Inc. (NASDAQ: INTU) traded down about 0.5%, at $526.18 in a 52-week range of $365.15 to $716.86. Revenue guidance did not meet expectations.
Splunk Inc. (NASDAQ: SPLK) traded down about 0.7%, at $124.09 in a 52-week range of $105.45 to $176.66. The company is not going to be acquired by Cisco for $20 billion or more. At least, not yet.
Splunk up 9% in premarket trades after reported $20 billion offer from Cisco https://t.co/ukoBgJ9Gwf
— MarketWatch (@MarketWatch) February 15, 2022
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