Weekly Roundup: Meta's Big Week, Paramount Skydance Mixed, Forte Biosciences Soars
On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners: - Meta Platforms' (META) plans to manufacture its in-house AI chip made companies like Applied Materials, Lam Research, and KLA Corp. happy. The AI infrastructure companies' stocks rose, with Lumentum rising 12% and KLA and Lam Research advancing 4.5% and 6.3%, respectively. Meta's decision to move forward with its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which make wafer fab equipment that turns raw silicon wafers into microchips. - Paramount Skydance Media…
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