Haemonetics' shares rose 8% following CSL's announcement that it expects to complete the rollout of Haemonetics' plasmapheresis platform across the U.S. by the end of 2027. Wolfspeed's stock surged over 15% after securing a conditional $1.5 billion loan from the Defense Department, which will support domestic chip production and grant the Pentagon warrants for up to 7.5% of the company.
In contrast, Broadcom's shares fell nearly 2% as it seeks over $50 billion in financing for AI chip development with OpenAI. Taiwan Semiconductor Manufacturing reported a 54.6% year-over-year revenue growth for September, reaching $16.03 billion, although its shares dipped about 1% in early trading.
Lululemon's stock decreased around 1% after announcing leadership changes aimed at revitalizing its North American business. Levi Strauss saw a nearly 3% drop in stock price after reporting third-quarter revenue of $1.61 billion, slightly below expectations, despite adjusted earnings beating estimates.
Applied Digital's shares rose 1% following a 322% year-over-year revenue increase to nearly $342 million, driven by its AI data-center business. Palantir Technologies gained over 2% after Goldman Sachs upgraded its stock to buy, citing potential growth in its total addressable market due to shifts towards sovereign AI and bespoke applications