Large-cap stocks rallied last week, led by strong earnings, upbeat guidance and renewed momentum in semiconductor names.
Chipmakers and industrials drove gains as optimism around demand trends and improving outlooks lifted investor sentiment.
These ten large-cap stocks were top performers last week. Are they a part of your portfolio?
Arm Holdings plc (NASDAQ:ARM) gained 40.15% this week amid sympathy with Intel Corporation (NASDAQ:INTC) after the company reported Q1 financial results.
Vicor Corporation (NASDAQ:VICR) increased 25.47% this week.
Advanced Micro Devices, Inc. (NASDAQ:AMD) jumped 23.06% this week amid sympathy with Intel.
Rambus, Inc. (NASDAQ:RMBS) gained 25.23% this week amid sympathy with Intel after the company reported Q1 financial results. In 2023, the company joined the Intel Foundry Services Accelerator IP Alliance.
United Rentals, Inc. (NYSE:URI) increased 20.52% this week after the company reported better-than-expected Q1 financial results and raised its FY26 sales guidance. Also, multiple analysts raised their price forecast.
Astera Labs, Inc. (NASDAQ:ALAB) gained 21.37% this week. Shares of semiconductor companies are trading higher amid sympathy with Intel, which reported better-than-expected Q1 financial results and issued Q2 guidance above estimates. Also, reports suggest that a strike action at a Samsung Electronics facility earlier this month led to lower production, which may boost sales for competitors.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) jumped 20.81% this week.
Texas Instruments Incorporated (NASDAQ:TXN) jumped 19.27% this week after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Also, multiple analysts raised their price forecast on the stock.
Intel Corporation (NASDAQ:INTC) gained 20.01% this week after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Also, multiple analysts raised their price forecasts on the stock.
ON Semiconductor Corporation (NASDAQ:ON) gained 18.94% this week.
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