Stock Markets March 25, 2026

Semiconductor Names Lead Gains as Broad Market Sees Divergent Movers

AMD and Intel among the biggest winners Wednesday while select memory, industrial and small-cap names pull back

By Avery Klein AMD INTC GEV TSLA
Semiconductor Names Lead Gains as Broad Market Sees Divergent Movers
AMD INTC GEV TSLA

Wednesday's session produced notable volatility across market-cap tiers, with semiconductor names such as Advanced Micro Devices and Intel posting strong advances amid reporting of a supply squeeze, while several other technology, industrial and small-cap stocks recorded sizable moves in both directions. The list of top movers spans mega-caps, large-caps, mid-caps and small-caps, with individual company actions and analyst notes highlighted in the day's activity.

Key Points

  • Semiconductor-related names, including AMD and Intel, were among the largest percentage gainers in the mega-cap cohort.
  • A range of drivers influenced moves: analyst upgrades (Arm), corporate financing actions (Micron, Apogee), contract awards (Intuitive Machines via LUNR), and clinical data or regulatory updates (Sarepta, Anavex).
  • The biggest single-day percentage changes were concentrated in mid- and small-cap stocks, highlighted by large one-day surges and steep declines across several issues.

U.S. equity markets featured a mix of sharp gains and notable declines on Wednesday, with a concentration of strength among several semiconductor and technology-related names. Market participants moved various stocks significantly, producing winners and losers across every market-cap bracket from mega-caps down to small-caps.


Mega-cap highlights (market caps $200 billion and above)

  • Advanced Micro Devices (AMD) - reported a jump of 6.84%. Coverage cited a Nikkei report noting a supply crunch in Intel and AMD CPU deals that is creating disruption for PC and server makers.
  • Intel Corp (INTC) - rose 6.74% on the same Nikkei-linked note regarding a supply crunch affecting Intel and AMD CPU deals and their downstream customers.
  • GE Vernova LLC (GEV) - up 3.42%.
  • Tesla Motors (TSLA) - advanced 2.84%.
  • Nvidia Corp (NVDA) - gained 2.8%.
  • Amazon.com Inc (AMZN) - climbed 2.21%.
  • Lam Research Corp (LRCX) - slipped 1.98%.
  • Micron Technology (MU) - declined 3.08%; the company launched a tender offer for $5.4 billion in senior notes, a move noted in the day's activity.

Large-cap movers ($10 billion to $200 billion)

  • Arm (ARM) - jumped 15.12% after Raymond James upgraded the stock, citing the company's shift toward chip production.
  • Vector Acquisition (RKLB) - up 11.85%.
  • New Providence Acquisition Corp N (ASTS) - up 11.39%.
  • Summit Therapeutics PLC (SMMT) - rose 10.68%.
  • EchoStar Corp (SATS) - climbed 9.47%.
  • PayPay Corp (PAYP) - advanced 9.08%.
  • Hewlett Packard Enterprise Co (HPE) - gained 7.74%.
  • On Holding (ONON) - fell 6.95%.
  • Generac Holdings (GNRC) - dropped 9.62%.

Mid-cap developments ($2 billion to $10 billion)

  • Fundrise Innovation Fund (VCX) - surged 66.04%.
  • Globalstar Inc (GSAT) - rose 19.27%.
  • Inflection Point Acquisition (LUNR) - up 18.99%; the entry notes that Intuitive Machines won a $180.4 million NASA contract for a lunar mission.
  • Fly Leasing Ltd (FLY) - increased 16.96%.
  • Chewy Inc (CHWY) - climbed 14.73%.
  • AAR Corp (AIR) - gained 12.31%.
  • Jfrog Ltd (FROG) - up 10.87%.
  • Apogee Therapeutics (APGE) - rose 9.77% after pricing a $350 million stock offering at $70.
  • Braze (BRZE) - surged 21.09% on a strong revenue outlook and a top-line beat in Q4, according to the day's summary.
  • Maze Therapeutics (MAZE) - the entry contains inconsistent moves: one note records a 22% surge on positive trial data for MZE829, while the day-end figure listed for MAZE shows a decline of 36.73%.

Small-cap action ($300 million to $2 billion)

  • Roma Green Finance (ROMA) - up 26.66%.
  • CF Acquisition V (SATL) - rose 24.35%; Satellogic appointed a former NGA director as a strategic advisor.
  • Destiny Tech100 (DXYZ) - increased 22.36%.
  • Sarepta (SRPT) - jumped 23.17% after releasing early trial data for two rare disease therapies.
  • Lightwave Logic Inc (LWLG) - up 15.92%.
  • Imara Inc (ELVN) - rose 15.35%.
  • SRM Entertainment (TRON) - gained 6.25%.
  • Swiftmerge Acquisition (ANNA) - fell 14.71%.
  • Velo3D (VELO) - the company reported 2025 results and projected revenue up to $70 million; its stock was down 23.45%.
  • Anavex Life Sciences (AVXL) - down 31.98% after withdrawing its EU application for the Alzheimer's drug blarcamesine.

The day's top movers reflect a cross-section of market dynamics, from analyst-driven upgrades and contract awards to corporate financing actions and clinical trial updates. The semiconductor and broader technology complex featured prominently among the winners, while select industrial and small-cap names registered sizeable weakness.

Where the source material contained conflicting figures or multiple explanatory notes for a single name, those differing entries are presented as reported rather than reconciled, to reflect the information provided for each mover.

Risks

  • Some entries show contradictory or multiple movements for the same company in the provided list (for example, Maze Therapeutics), indicating potential reporting inconsistencies that could create uncertainty for investors - impacts small- and mid-cap biotech sectors.
  • Corporate financing actions and large tender offers (Micron's $5.4 billion senior notes tender offer; Apogee Therapeutics' $350 million offering) can alter capital structures and affect stock performance - impacts memory and specialty biotech companies.
  • Regulatory and clinical developments remain a source of downside risk, as shown by Anavex withdrawing an EU application and the mixed reporting around trial outcomes, affecting biopharma and therapeutic developers.

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