--- title: "U.S. stock market update: Fabrinet's stock price rose by 9.71%, market confidence increased, and the six-month gain has reached 72.96%!" type: "News" locale: "en" url: "https://longbridge.com/en/news/286307790.md" description: "Fabrinet rose 9.71%; TE Connectivity fell 2.24%, with a trading volume of USD 728 million; Flex International rose 4.67%, with a trading volume of USD 638 million; Tianhong Technology fell 0.26%, with a trading volume of USD 551 million; Keysight Technologies fell 0.08%, with a market value of USD 62 billion" datetime: "2026-05-13T19:47:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286307790.md) - [en](https://longbridge.com/en/news/286307790.md) - [zh-HK](https://longbridge.com/zh-HK/news/286307790.md) --- # U.S. stock market update: Fabrinet's stock price rose by 9.71%, market confidence increased, and the six-month gain has reached 72.96%! **U.S. Stock Market Midday Update** Fabrinet rose by 9.71%. Based on recent news, 1. On May 11, Fabrinet announced that it would speak at the J.P. Morgan 2026 Global Technology, Media and Telecommunications Conference. This news boosted market confidence in the company's future development, driving the stock price up. 2. Fabrinet's leading position in optical packaging and precision manufacturing services has attracted investor attention, further promoting the rise in stock price. 3. The company's stock has increased by 72.96% over the past six months, demonstrating strong market performance and attracting more investors. The demand in the optical industry is growing, making the market active. **Stocks with High Trading Volume in the Industry** TE Connectivity fell by 2.24%. There has been no significant news recently; trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. no\_news Flex International rose by 4.67%. Based on recent news, 1. On May 13, Flex International announced that its revenue for the fourth quarter of fiscal year 2026 reached $7.48 billion, a year-on-year increase of 16.9%. The company's board approved the spin-off of its cloud and power infrastructure division, aiming for a revenue growth of 65%-75% in fiscal year 2027. This news boosted market confidence, driving the stock price up. 2. On May 8, Argus Research released a report reiterating a buy rating on Flex International and set a target price of $175. Analysts unanimously believe that the company's prospects are strong, further driving the stock price up. 3. On May 13, after a decline in revenue and earnings for the first quarter of 2026 due to seasonal weakness and dry dock maintenance, the market quickly rebounded. The company raised its guidance for fiscal year 2026, with a contract coverage rate of 91%, and continues to pay strong dividends, all of which contributed to the rise in stock price. The demand for AI infrastructure is strong, driving up the stock prices of related companies. Tianhong Technology fell by 0.26%. Based on recent key news: 1. On May 11, Celestica gained attention due to the global AI data center boom. The demand for AI servers, cloud infrastructure, and high-performance computing hardware has surged, and analysts believe Celestica may benefit from this, with investors starting to view it as a potential AI stock, and the market is focused on whether it can sustain this momentum. 2. On May 13, analysts at Redeye released a research update on Celestica. The report indicated that Celestica's performance met expectations and recommended that investors pay attention to the company's future developments. 3. There has been no other significant news recently. The demand in the AI industry is strong, and the market is focused on Celestica. **Stocks with High Market Capitalization in the Industry** Keysight Technologies fell 0.08%. Based on recent key news: 1. On May 12, Keysight Technologies released its 2025 Corporate Social Responsibility Progress Report. Although the report showed progress in sustainability, it failed to significantly boost the stock price. Following the report's release, the stock price slightly declined, indicating a lukewarm market reaction. Source: Keysight Technologies 2. On May 12, MarketBeat analysts did not include Keysight Technologies in their list of top five recommended buy stocks. Although Keysight Technologies received a "Moderate Buy" rating, analysts believe that five other stocks offer better investment value. This news may lead to a lack of investor confidence, causing a slight drop in the stock price. Source: MarketBeat 3. On May 12, Keysight Technologies issued a news brief about company information via Business Wire. Although it provided timely information, it failed to have a positive impact on the stock price. Source: Public Technologies The technology industry has shown recent volatility and requires attention ### Related Stocks - [FN.US](https://longbridge.com/en/quote/FN.US.md) - [TEL.US](https://longbridge.com/en/quote/TEL.US.md) - [FLEX.US](https://longbridge.com/en/quote/FLEX.US.md) - [CLS.US](https://longbridge.com/en/quote/CLS.US.md) - [KEYS.US](https://longbridge.com/en/quote/KEYS.US.md) ## Related News & Research - [$1000 Invested In Fabrinet 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286939796.md) - [Fabrinet (FN) Is Up 16.2% After Q3 Beat And Cautious Q4 Outlook - What's Changed](https://longbridge.com/en/news/286651981.md) - [Here's How Much $100 Invested In Fabrinet 15 Years Ago Would Be Worth Today](https://longbridge.com/en/news/285612805.md) - [Concurrent Investment Advisors LLC Has $7.64 Million Stake in Fabrinet $FN](https://longbridge.com/en/news/284173663.md) - [2,101 Shares in Fabrinet $FN Acquired by JSF Financial LLC](https://longbridge.com/en/news/285837023.md)