Qnity shares gain as Cramer says AI-linked materials play can climb further
Chip and AI-linked stocks start the week higher as investors rotate back into semiconductor names after last week's sell-off. Qnity stands out in Monday trading, extending a sharp 2026 rally as Wall Street research points to revenue growth above the company's own outlook.
Highlights
- Qnity shares rose over 6% as semiconductor sector optimism and positive analyst commentary increased investor confidence, building on their 85% year-to-date gain in 2026.
- Deutsche Bank projects Qnity revenue growth at 15% for 2026, exceeding management's 11% guidance, citing strong demand for chipmaking chemicals and materials.
- Broadcom extended its Apple partnership through 2031 to supply custom chips, positively impacting both companies and supporting Apple's artificial intelligence initiatives.
Chip rally and partnership news lift sentiment
As reported by CNBC, U.S. stock indexes trade mixed on Monday, with the S&P 500 and Nasdaq Composite moving higher while the Dow lags after briefly topping 53,000 for the first time. President Donald Trump also marks the launch of Trump Accounts, a new investment vehicle for children, by ringing the opening bell for the New York Stock Exchange and the Nasdaq from the Oval Office.Jim Cramer says the new accounts could support financial literacy and provide a broader cushion for the stock market if eligible recipients are reached. In the chip sector, Broadcom says it extends its partnership with Apple through 2031 to build and supply custom chips, a move Cramer calls positive for both companies and for Apple's artificial intelligence efforts.
Qnity rally adds to 2026 gains
Qnity shares jump more than 6% as chipmakers rebound and upbeat analyst commentary improves sentiment. Deutsche Bank forecasts 15% revenue growth for the year, above management guidance of 11%, citing tailwinds from the semiconductor boom and Qnity's role as a supplier of chemicals and materials used in chip manufacturing.Cramer says the stock is headed to all-time highs, arguing investors can value Qnity more clearly after its spin-off from DuPont. The shares are already up 85% in 2026 and last reached record highs in late June.
Other stocks featured in Monday's rapid-fire segment are Solstice Advanced Materials, T-Mobile, Qualcomm, Lockheed Martin and Datadog.
In our earlier article, we covered Broadcom’s extension of its multi-year chip supply agreement with Apple through 2031, a deal that supports long-term revenue visibility and strengthens Broadcom’s role in Apple’s hardware ecosystem. We also noted that, despite the positive fundamental catalyst, technical indicators pointed to fading short-term momentum and a likely consolidation range unless the stock breaks out decisively.
Latest ASML News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
