SLESSOR MIKE sold $1.8M of FORM

Kulicke and Soffa (KLIC) reported fastest revenue growth among peers but stock fell 11.7%. KLA Corp (KLAC) reported $3.66B revenue, up 15.2% YoY, stock down 7.3%. FormFactor (FORM) reported $258.2M revenue, up 31.9% YoY, stock up 34.7%. Lam Research (LRCX) reported $6.72B revenue, up 30% YoY, stock up 17.8%.

Qualcomm and AWS announced a multi-generational AI chip collaboration, while ASML, TSMC, and Intel made progress in next-gen chip manufacturing. Intel (INTC) +9.5%, Amkor (AMKR) +6.3%, Nova (NVMI) +3.7%, Qualcomm (QCOM) +3.3%, FormFactor (FORM) +6.3%. Intel's 1-year volatility noted; up 166% YTD but -25.7% from 52-week high.

Several semiconductor stocks rose after the August jobs report, which showed 162,000 nonfarm payroll jobs added, beating estimates. Despite initial expectations of a rate hike, traders rotated back into the chip sector. FormFactor (FORM) +5.3%, Entegris (ENTG) +5.6%, Penguin Solutions (PENG) +5.1%, Teradyne (TER) +4.8%, and Marvell Technology (MRVL) +6.2%. Marvell reported Q2 revenue of $2.74B, up 36.5% YoY, with strong Data Center demand. Management guided Q3 revenue at $3.15B, but revenue from

FormFactor (FORM) shares rose about 9.9% on Aug. 4, 2026. Quiver PriceTracker attributes the move to the company’s Q2 2026 results and Q3 outlook, citing $258.2M revenue, GAAP EPS $0.71, non-GAAP EPS $0.82, and Q3 guidance of about $270M revenue. It also notes insider sales and analyst price targets.

What Happened? Shares of semiconductor testing company FormFactor (NASDAQ: FORM) jumped 25.6% in the afternoon session after the company reported second-quarter results that beat Wall Street's expectations on both the top and bottom lines and provided an upbeat outlook. The company posted adjusted earnings of $0.82 per share on revenue of $258.2 million, a 31.9% increase year-over-year. The strong performance pushed the company's annualized revenue run rate past the $1 billion mark.

FormFactor shares rose about 26.6% by noon ET after the company reported Q2 results and issued forward guidance. FormFactor posted adjusted EPS of $0.82 on revenue of $258.2 million, beating analyst expectations. For the current quarter, it guided adjusted EPS around $0.86 on revenue near $270 million, citing AI chip demand.