Check out the companies making headlines in the midday trading: Intel – After Reuters, stocks rose more than 2%, and Chipmakers Nvidia and Broadcom reported that they were running manufacturing tests on Intel, citing two sources familiar with the issue. The test shows that both companies are heading towards committing manufacturing contracts worth hundreds of millions of dollars to Intel, Reuters said. Chinese Automakers – US stocks of Chinese electric car brands fell shortly after the latest distribution report. XPENG shares slid over 4%, NIO fell by more than 5%, and Li Auto fell by more than 10%. NVIDIA – AI chip darling stock flows over 6%, marking the face from the nearly 4% gain seen during Friday’s session. The move comes late Sunday after the Wall Street Journal reported that Chinese buyers were circumventing US export controls to order the company’s Blackwell chips. Crypto Stocks – Stocks related to Bitcoin price on Monday provide new details about the country’s strategic crypto sanctuary shortly after US President Donald Trump. Mara Holdings shares won almost 8%, while MicroStrategy and Coinbase each outweighed over 4% and nearly 2%. Sandisk – Computer technology companies rose 3% after Morgan Stanley began compensation for stocks with an overweight valuation. The company expects SanDisk’s short-term tough times, but believes it is rising upside down as the cyclical drivers turn around. Allegro Microsystems – After Bloomberg News, stocks revolved nearly 20%, citing people familiar with the issue. Meanwhile, in semiconductors, it was about 0.5% higher, following the report. Applovin – Shares have skyrocketed by more than 7% after mobile advertising companies disclosed in regulatory filings. Capri Holdings – Stocks rose more than 6% behind Bloomberg News, and citing familiar people, Prada reports it is close to sealing off the deal buying Versace from Capri at an agreed price of 1.5 billion euros, or an agreed price of around $1.6 billion. The deal could end this month, Bloomberg said. Chipotle Mexican Grill – After upgrading from Morgan Stanley’s equal weight to overweight, the restaurant’s stocks rose by more than 1%. The investment company said recent demand issues do not appear to reflect the structural issues of Chipotle, which could be a good entry point for investors to buy stocks that have struggled in 2025 and have only grown by 2% in the past 12 months. Aurora Innovation – Autonomous Vehicle Technology stocks added 3% after Morgan Stanley launched its shares with an overweight rating. As a catalyst, analyst Rabbi Shanker pointed to the April launch of the first commercial unmanned business between Dallas and Houston, scheduled for April. Thor Industries – After Bank of America upgraded Thor to buy from Neutral, stocks in the recreation vehicle manufacturer jumped nearly 3%, predicting stock rebounds as the company expands its customer base and increases its shipments. – Reported by CNBC’s Jesse Pound, Lisa Kailai Han, Pia Singh and Michelle Fox.
