FormFactor is trading 7.8% up at $117.11 as the stock extends its post-earnings rally fueled by an aggressive HBM4 outlook and record profitability.
- Investors are reacting to the rapid adoption of SmartMatrix technology and strong execution highlighted in the company's recent financial results.
- Broader semiconductor strength is providing a significant tailwind, with the SOXX up 4.98% as AI-linked chip stocks benefit from improved risk-on sentiment.