SpaceX up 2% in Wed. overnight trading to notch 3-day rally.

Intel, AMD up over 1% while NVIDIA notches modest gain.

Marvell Technology rose 3% overnight. the company reiterated its fiscal Q2 guidance of non-GAAP EPS of $0.93 and revenue of $2.70 billion. Additionally, B.Riley raised its price target on Marvell from $240 to $345, maintaining a buy rating, reflecting analyst confidence in the company's AI infrastructure growth trajectory.

Micron Technology rises 2.47% Overnight. on the news front, TD Cowen raised its target price from $660 to $1500, RBC Capital Markets lifted its target from $525 to $1200, and Daiwa Securities adjusted from $700 to $1600, all maintaining buy ratings. RBC noted that Micron's memory-chip upcycle has room to continue for another five to six quarters, supported by stronger DRAM pricing expected to climb 50% year-over-year in Q2, robust generative AI demand, and limited industry supply growth. An independent research firm projected AI memory components will account for over 70% of hardware system value by 2027.

AXT Inc overnight rise 4%. on the news front, the rally represents a continuation of oversold rebound momentum. The stock had surged over 16% on May 22 following a Q1 earnings beat and strong AI optical communication demand, then experienced sustained profit-taking.