Silicon Motion Technology is trading 4.4% up now at $266.35 after reporting record Q2 revenue, a sizable EPS beat, and strong demand tied to AI infrastructure build-outs.
- The move follows a 21.7% surge on July 30, 2026, as investors continue to reprice the stock on better-than-expected growth and margins.
- Gains are further supported by a broader rebound in semiconductor names following strong earnings reports from major technology companies.