Chip Equipment Suppliers Soar, Zimmer Biomet Slumps, AeroVironment Soars

On this episode of Stock Movers: - Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism. US-based companies like Applied Materials (AMAT) and KLA Corp (KLA) rallied along with their peers overseas. More broadly, the US chip benchmark is up 100% in the first half as it heads for the best quarter on record. - Zimmer Biomet (ZBH) fell sharply after Cleveland Research published a report that cited disappointing orthopedic market trends. - AeroVironment (AVAV) shares rallied after the defense company reported fourth-quarter results that topped expectations and forecast 2027 revenue that at the midpoint exceeds estimates. Analysts note strength in its drones business.See omnystudio.com/listener for privacy information.