Stocks making the biggest moves midday: Tesla, Broadcom, Nike, ON Semiconductor & more - CNBC

Semiconductors

Tesla, Broadcom, ON Semi Among Midday's Biggest Stock Movers

CNBC's midday movers column flags Tesla, Broadcom, Nike and ON Semiconductor as the session's biggest stock swings, with chip names prominent.

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Grace Kim
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Tesla, Broadcom, Nike and ON Semiconductor ranked among the biggest midday stock movers in Thursday's session, according to CNBC's intraday market tracking.

The financial news outlet's midday movers column, a staple of its market coverage, highlighted the four names alongside other companies showing unusual intraday trading activity. CNBC publishes the feature regularly during trading hours, flagging stocks whose price swings stand out against broader index movement.

Three of the four headline names sit squarely in the semiconductor and electric-vehicle supply chains. Tesla, the Austin-based automaker, remains one of the most heavily traded single stocks on the Nasdaq and frequently appears in the column on volume alone. Broadcom, the San Jose-based designer of custom AI accelerators and networking silicon, has become a recurring presence in such lists as hyperscaler spending on AI infrastructure drives outsized swings in chip equities. ON Semiconductor, the Phoenix-based supplier of power and sensing chips for automotive and industrial customers, rounds out the semiconductor contingent.

Nike, the fourth named company, is the outlier on the consumer side of the ledger.

CNBC's midday movers feature typically pairs each named stock with the day's specific catalyst — earnings reports, analyst rating changes, price-target revisions or macro news — and quantifies the percentage move against the session's benchmarks. The publication did not include those specifics in the headline item itself, and readers should treat the constituent detail as unavailable pending the full article.

For semiconductor investors, the appearance of two chip names in a single movers list is consistent with the sector's elevated volatility profile. Broadcom's stock has traded on AI-related news flow for several quarters, while ON Semiconductor's shares have moved on automotive demand signals and inventory correction cycles across its end markets.

The full CNBC piece, published Thursday, carries the complete list of movers with percentage changes and the news driving each name.

Watch whether the chip names sustain their intraday moves into the close — sustained directional trading in Broadcom and ON Semiconductor often signals repricing across the broader semiconductor group.

Source: Google News: semiconductors

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Grace Kim

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Market editor covering industry trends and analytics at Chip Dispatch.

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