Check out some of the companies that made the biggest moves at noon. Intel – The chipmaker rose more than 11%, boosted by a DigiTimes report that NVIDIA will transfer chip production from Taiwan Semiconductor Manufacturing Co. to Intel in 2028. Taiwanese cicadas increased by 1%. ASML — The semiconductor manufacturing equipment maker’s U.S.-listed shares fell more than 2% after initially rising nearly 3%. ASML reports record order intake due to artificial intelligence boom and issues strong guidance for 2026. The company also approved a 12 billion euro ($14.3 billion) share buyback program. AT&T – The telecommunications giant soared 5% after reporting annual profit guidance that beat market expectations. AT&T expects free cash flow to exceed $21 billion in 2028, compared to analysts’ expectations of $19.61 billion, according to LSEG. The mobile phone service provider also expects to repurchase about $8 billion of common stock this year. Starbucks — The coffee chain increased 2% after reporting its first increase in store traffic in two years. “Our first quarter results demonstrate that our ‘back to Starbucks’ strategy is working and we are confident we are ahead of schedule,” CEO Brian Nicol said in a statement. Amphenol — The sensor and connector maker fell more than 12%. The company’s fourth-quarter profit and sales and first-quarter outlook beat analysts’ expectations, but the stock had risen more than 10% in the two days before the latest results. The stock price has more than doubled in the past year. VF Corp. — The Timberland and North Face clothing maker fell 10% after forecasting fiscal fourth-quarter sales growth of 0% to 2% in constant dollars. FactSet’s StreetAccount service highlighted “continued pressures in an active environment.” [wear] Texas Instruments — The chipmaker soared more than 9% after reporting better-than-expected first-quarter guidance. Texas Instruments now expects earnings per share to be between $1.22 and $1.48 and revenue between $4.32 billion and $4.68 billion. Analysts had expected revenue of $4.42 billion and earnings of $1.26 per share for the quarter. LSEG, Texas Instruments, missed Wall Street expectations on both profits and sales. Elevance Health raised its dividend by nearly 1% after fourth-quarter earnings per share and premium income beat Street expectations. Seagate had adjusted earnings of $3.11 per share on revenue of $2.83 billion. Analysts surveyed by LSEG had expected Seagate to report earnings of $2.81 per share on $2.73 billion, but Western Digital soared 11% the day before its latest results, and the company fell nearly 8% after its full-year forecast fell short of Wall Street’s expectations of $6.40 to $6.60 per share. The 2026 share was below the FactSet consensus estimate of $6.85 per share. Qorvo beat expectations despite expecting fourth-quarter non-GAAP earnings to be around $1.20. This cloud computing and security company gained significantly more than F5. F5 beat expectations for first-quarter profits and sales, earning $4.45 per share, and analysts surveyed by LSEG expected second-quarter sales of $758 million. Stride posted significantly better adjusted earnings per share of $2.50 and revenue of $631.3 million. Analysts surveyed by FactSet had expected earnings of $2.01 per share and revenue of $627.9 million. NextPower rose 15% after third-quarter results beat Wall Street expectations and raised its full-year outlook from $4.04 to $4.25 per share. Standard Aero also raised its full-year sales forecast to a range of $3.275 billion to $3.475 billion. Shares fell nearly 4% as the company planned a secondary sale of 50 million shares at $31, 6.4% below Tuesday’s closing price. CNBC’s Yun Li, Michelle Fox and Davis Giangiulio contributed reporting.
