ON Semiconductor is scheduled to report Q2 2026 results after market close on Monday, August 3, 2026, for the quarter ended July 3, 2026. Consensus estimates call for earnings per share (EPS) of approximately $0.71 to $0.72 on revenue of roughly $1.59 billion, representing double-digit year-over-year growth on both lines.

Texas Instruments Incorporated (TXN) closed at $275.74 on July 31, 2026, meaning the $400 target requires an approximate 45% advance from current levels. Several Wall Street firms — including Seaport Global, KeyCorp, and Arete Research — have issued price targets of $400 to $405, anchoring the $400 level in serious analyst discussion.

QCOM fell -5.32% to $147.40 during Thursday's regular session, extending a steep after-hours selloff that began Wednesday evening following the company's fiscal Q3 earnings release. The primary catalyst was a Q4 EPS guidance of $2.05–$2.25, well below the $2.36 consensus, overshadowing a modest Q3 revenue beat of $9.94 billion vs. $9.67 billion expected.

Revenue beat, EPS missed: Qualcomm reported fiscal Q3 2026 revenue of $9.95 billion, exceeding consensus estimates of approximately $9.69 billion, while non-GAAP (adjusted) earnings per share of $2.21 narrowly missed the $2.22–$2.23 consensus. Handset weakness persists: QCT handset revenue fell 20% year-over-year to $5.09 billion, pressured by memory supply constraints, higher input costs, and softer demand from Chinese smartphone makers.

Micron Technology shares fell approximately 28% over the past 30 days, dropping from $1,145.28 on June 29 to $820.53 on July 28, 2026. The sell-off was driven by a sector-wide retreat from AI-linked memory stocks, renewed fears of Chinese competition after ChangXin Memory Technologies' IPO, and growing skepticism around hyperscaler AI spending.

NVTS shares plunged -10.96% to $10.16 during Tuesday's regular session, following a -2% to -3% after-hours decline Monday after the company reported Q2 2026 earnings. The primary catalyst was a Q2 GAAP net loss of $228.2 million ($0.95/share), which included a $203.1 million non-cash earnout liability charge that dramatically overshadowed a revenue beat of $10.53M vs. $9.84M expected.

Navitas Semiconductor (NVTS) shares fell approximately 34% over the last 30 days, driven primarily by a patent infringement lawsuit filed by competitor Wolfspeed on July 7, 2026. The lawsuit targets five core Navitas product lines — including GaNFast, GaNSlim, GaNSafe, GeneSiC MOSFETs, and SiCPAK modules — and seeks a permanent U.S. sales and import ban.

ARM shares plunged approximately -8.4% during regular trading Tuesday, extending premarket weakness after a global semiconductor sell-off swept through Asian and European markets overnight. The rout was sparked by a report that a Chinese firm achieved mass production of DUV lithography technology, threatening ASML's dominance and intensifying fears of overstretched AI-sector valuations.

INTC fell -5.79% to $86.36 during Tuesday's regular session, extending a multi-session slide that has erased over 38% from its June 22 peak near $141. The sell-off was triggered by a rout in Asian semiconductor stocks, where South Korea's Kospi plunged 10.8% and trading was halted after Samsung and SK Hynix each dropped over 13%.

AMD fell -7.85% during Tuesday's regular session, deepening Monday's -5.17% loss as a sector-wide semiconductor rout accelerated at the open. The primary catalyst was Chinese memory chipmaker CXMT's explosive Shanghai IPO, surging +466% to a ~$487 billion valuation and stoking fears of intensified competition for U.S. chipmakers.

MU tumbled -8.94% to $819.73 during Tuesday's regular session, extending pre-market losses of roughly -5% in a broad global semiconductor rout. The primary trigger was Chinese memory rival CXMT's historic Shanghai IPO, which surged 466% to a ~$487 billion valuation, intensifying fears of DRAM supply flooding and pricing erosion.

Semtech Corporation (SMTC) shares declined approximately 20% over the past 30 days, falling from around $149.75 at the end of June to $119.54 by late July 2026. A broad semiconductor sector selloff, triggered by TSMC's higher-than-expected capital expenditure guidance and margin warnings, was the primary catalyst behind the pullback.

SIMO plunged -12.44% during Monday's regular session, tumbling from Friday's close of $270.90 to $237.20, as a broad semiconductor and data storage selloff swept through markets. Profit-taking intensified after the stock's massive +194% year-to-date rally, with traders reassessing whether AI-storage optimism had already been fully priced into shares.

MXL fell -12.12% during Monday's regular session to $62.91, extending Friday's -21.54% post-earnings collapse and marking a combined two-session loss of roughly -31% from the July 23 close of $91.24. The selloff is a continuation of the "buy-the-rumor, sell-the-news" reaction to Q2 earnings reported July 23 after the close, which beat estimates (EPS $0.35 vs. $0.33 consensus; revenue +55% YoY) and included raised FY2026 optical data center guidance to $210–$230 million.

Intel shares fell approximately 30.5% over the last 30 days, dropping from $132.87 on June 25 to $92.32 on July 24, 2026, erasing roughly $90 billion in market capitalization. The decline occurred despite Intel reporting its strongest quarterly revenue growth in more than 15 years, with Q2 revenue of $16.1 billion up 25% year-over-year and EPS of $0.42 nearly doubling consensus estimates.

NVEC is trading at approximately $113.88 during today's regular session, down -15.15% from yesterday's close of $134.21, as heavy profit-taking sets in after an explosive two-day rally. The selloff follows an extraordinary +54.83% single-day surge on July 23, triggered by blowout Q1 FY2027 earnings reported after the July 22 close — revenue surged +81% YoY to $11.0 million and net income jumped +79% to $6.39 million.

MU is down -5.83% intraday Friday, trading near $932, after closing at $990.21 on Thursday — the selloff accelerated during regular trading hours following overnight pressure. The primary catalyst is a sharp selloff in South Korean chip stocks overnight: the KOSPI dropped over 6%, while Samsung and SK Hynix each fell more than 7%, triggering sympathy selling across U.S. memory names.

MXL plunged -19.10% during Friday's regular session, extending an after-hours selloff that began Thursday evening following its Q2 2026 earnings release. The decline was a classic "sell the news" reaction: Q2 revenue surged +55% YoY to $168.8M and adjusted EPS of $0.35 beat estimates, while Q3 guidance of $210M–$220M crushed consensus by over 20%.

CBRS is trading down -6.47% during Friday's regular session, retreating to $205.77 after closing at $220.00 on Thursday. The decline follows a powerful two-day rally of approximately +27% from July 17 lows, fueled by back-to-back partnership announcements with CrowdStrike and AMD.

Revenue surged 25% year-over-year to $16.1 billion, exceeding the consensus estimate of $14.43 billion by approximately $1.7 billion. Non-GAAP earnings per share (EPS) of $0.42 came in well above the $0.22 analyst consensus, marking a swing from a loss of $0.10 per share in the year-ago quarter.