Stocks making the biggest moves premarket: Alibaba, Intel, Sandisk & more

Stocks making the biggest moves premarket: Alibaba, Intel, Sandisk & more

These are the stocks posting the largest moves premarket.

Why is the AI chip trade cracking? Nvidia, AMD and Intel slide premarket

Nvidia, AMD and Intel shares fell in US premarket trading Tuesday as a jump in long-term Treasury yields triggered a retreat from technology and semiconductor stocks. Nvidia slipped more than 2%, while AMD, Intel, and Marvell fell between 2.6% and 4.8%. Nasdaq 100 futures were down 1.17% at 4:50 a.m. ET. The immediate pressure looked macroeconomic rather than evidence of a sudden collapse in AI spending. The 30-year Treasury yield reached 5.327%…

Monster insider trading alert for Intel stock

A new Intel (NASDAQ: INTC) insider trading disclosure has emerged after Chief Executive Officer Lip-Bu Tan reported a nearly $10 million purchase of company stock, marking one of the largest internal buys in Intel’s history. According to a Form 4 filing submitted to the U.S. Securities and Exchange Commission on August 14, Tan acquired 105,263 Intel shares at $95 per share on August 13 through a family trust. The transaction was valued at approx…