Tech Stocks – Morning Movers April 13th

As markets faced volatility this morning due to the failed peace talks with Iran, some tech stocks are showing notable gains.

Oracle (Nasdaq: ORCL) is showing significant upward movement, gaining over 8% in early trading sessions following positive sentiment. The stock is currently trading at 150.29

+12.20 (+8.84%) on volume of just under 30 Million shares.

CoreWeave (Nasdaq: CRWV) had gains over 10% gains this morning, currently trading at. 110.61 +8.61 (+8.44%) on volume of over 29 Million shares.

Super Micro Computer (Nasdaq: SMCI) is gaining on revenue growth news.Super Micro Computer today announced a family of compact, high-efficiency platforms powered by AMD EPYC™ 4005 series processors. The edge-optimized systems are designed to accelerate AI inferencing and general-purpose workloads in space and power-constrained environments, including retail, manufacturing, healthcare, and enterprise branch locations.

"Supermicro continues to deliver highly efficient, compact systems that bring powerful compute closer to where data is generated and processed," said Mory Lin, Vice President, IoT/Embedded & Edge Computing, Supermicro. "With our new AMD EPYC 4005 processor-based platforms, including compact box, short-depth 1U, and slim tower system form factors, customers can deploy AI accelerator cards and dedicated workloads at the edge with improved performance, enhanced security, and reduced power consumption, while lowering total cost of ownership (TCO)."

 The stock is trading at 25.54 +0.27(+1.09%); trading higher earlier this morning.

Broadcom (Nasdaq: AVGO) is trending due to its custom chip strategy and is up marginally today, currently at 372.90+1.35.

Trending data source – Google Gemini