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Market Movers: Nvidia, Marvell Technology, Flex, Nurix Therapeutics, Honeywell, Micron Technology

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Nvidia Partners with SK Hynix on Advanced AI Memory

Nvidia shares climbed 2.3% following the announcement of a partnership with SK Hynix to develop advanced memory chips, a critical component for building artificial intelligence factories.

Marvell Technology and Flex to Join S&P 500

Shares of Marvell Technology surged nearly 9% , while Flex shares rose 4% after the companies were selected to join the S&P 500 index. They will replace Campbell's and Pool Corp.

Nurix Therapeutics Soars on Roche Collaboration

Nurix Therapeutics saw its shares skyrocket 24% after announcing a collaboration with Roche. The partnership focuses on developing and commercializing bexobrutideg, a protein degrader aimed at treating cancers and autoimmune diseases.

Honeywell Reaffirms 2026 Outlook Amid Aerospace Spin-Off

Honeywell shares edged slightly higher after reaffirming its 2026 outlook. This comes ahead of the planned spin-off of Honeywell Aerospace.

Chip Stocks Rebound After Sell-Off

Micron Technology shares rebounded 7% following a sell-off last Friday.

In a broader recovery for the semiconductor sector, Broadcom gained 3% , and Advanced Micro Devices rose 2.7%.