Nvidia Rises 3.6% as AI Hardware Stocks Climb in U.S. Premarket

Nvidia shares rose 3.6% in U.S. premarket trading Wednesday, part of a wider advance in AI hardware stocks that included chip designers, memory companies and semiconductor equipment makers.

At 4:15 a.m. ET (09:15 UTC), Advanced Micro Devices and Micron Technology were each up 5.2%. Taiwan Semiconductor Manufacturing Co. gained 4.3%, and Broadcom matched Nvidia’s 3.6% increase. The figures capture the same early snapshot, before the regular U.S. trading session.

Lumentum climbed 8.4%, the largest gain among the companies listed in the snapshot. Sandisk rose 6.6%, while Marvell Technology added 6.5%. Oracle was also up 5%, extending the advance beyond semiconductor companies.

Semiconductor equipment suppliers took part as well: Lam Research advanced 5.4%, Applied Materials rose 5%, and ASML gained 3.7%. The gains spanned companies involved in chip design, manufacturing, memory and production equipment, showing the breadth of the early move.