Optical and foundry names are leading the tape, with
$LITE up around 10% and
$TSEM around 8%.
$TSEM joined the PHLX Semiconductor Sector Index, while Bernstein started
$LITE at Outperform with a $1,220 target.
$LITE revenue more than doubled to $1.01B.
Equipment names are also higher, with
$AMAT up around 3%,
$GLW around 3% and
$CRDO around 5%.