Shares of foundry, fabricator and IDM chip companies are trading higher as risk assets enjoy a tailwind. Also, financial results and commentary from companies such as ON Semiconductor and Palantir may help support the ongoing themes of chip supply shortages and growing demand from an expansionary AI services sector.

Shares of semiconductor companies are trading lower as inflation concerns and elevated oil prices push U.S. and global bond yields higher, raising concerns that the Federal Reserve could tighten monetary policy later this month. Higher rates can weigh on growth stocks by making future profits less attractive.

Shares of semiconductor and chip companies are trading lower, possibly after Federal Reserve Chairman Warsh's comments on inflation and prices raised rate-hike concerns. The sector may be facing pressure from peer Marvell Technology, as the company pulls back after its FY28 guidance may have failed to meet investor expectations.

Analog Devices To Rally Around 81%? Here Are 10 Top Analyst Forecasts For Monday

Top analysts change outlook on top names. See all rating changes, including upgrades/downgrades, on analyst ratings page. Follow other analysts.

Baird Maintains Outperform on Analog Devices, Raises Price Target to $675

Stifel Initiates Coverage On GLOBALFOUNDRIES with Buy Rating, Announces Price Target of $60

GlobalFoundries, RAAAM Memory Technologies Collaborates To Develop, Qualify Gain-Cell RAM Technology

GlobalFoundries (GF) (NASDAQ:GFS) and RAAAM Memory Technologies, a pioneer in advanced on-chip memory solutions, today announced a strategic collaboration to develop and qualify Gain-Cell RAM (GCRAM) technology. The