Jun. 2 at 1:40 PM
June 2 Premarket Movers: AI & Data Center Plays (1)
$HPE ripping +25.7 percent on Q2 beat and raise, clear demand acceleration story
$MRVL exploding +25.2 percent after new AI switch launch, even talk of trillion dollar potential getting floated
$STM up +10.4 percent as data center revenue outlook gets lifted to around 1B
$MCHP +8.5 percent pushing deeper into PCIe 6.0 and CXL 3.1, critical plumbing for AI scale
$AVGO +6.7 percent riding edge AI momentum and hyperscaler capex expansion
This is not isolated moves anymore. This is the entire AI supply chain repricing in real time