FormFactor is trading at $121.53 (4.5%) up in pre-market, extending a sharp rebound in semiconductor names driven by AI optimism and improving memory-chip profitability.
- The move follows yesterday’s after-hours strength, where the stock traded approximately 4.9% higher amid a sector-wide rally.
- Sentiment is further bolstered this morning by continued gains in chip stocks following ASML’s bullish AI-driven forecast and guidance raise.