--- title: "U.S. stock night market volatility: Trio-Tech International rose 5.74% in after-hours trading, driven by internal shareholding changes and semiconductor demand, prompting market reactions" type: "News" locale: "en" url: "https://longbridge.com/en/news/286693834.md" description: "Trio-Tech International rose 5.74% in the night session; ASML fell 0.92% in the night session, with a transaction volume of USD 2.83 million; Applied Materials fell 1.45% in the night session, with a transaction volume of USD 1.37 million; AXT Inc. fell 2.35% in the night session, with a transaction volume of USD 1.1 million" datetime: "2026-05-18T01:16:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286693834.md) - [en](https://longbridge.com/en/news/286693834.md) - [zh-HK](https://longbridge.com/zh-HK/news/286693834.md) --- # U.S. stock night market volatility: Trio-Tech International rose 5.74% in after-hours trading, driven by internal shareholding changes and semiconductor demand, prompting market reactions **U.S. Stock Night Market Movements** Trio-Tech International rose 5.74% in the night market. Based on recent key news: 1. On May 15, Jason T. Adelman, a director of Trio-Tech International, sold 21,000 shares of common stock at prices between $5.53 and $5.82. This move reduced his direct holdings to 50,000 shares. This news may trigger market attention regarding changes in the company's internal shareholding. 2. On May 16, analyst Yong stated that Trio-Tech is well-positioned in semiconductor reliability, especially in the AI and electric vehicle markets. The company expects an increase in demand for semiconductor backend testing services but also faces risks such as semiconductor volatility, tariffs, U.S.-China trade tensions, exchange rate fluctuations, and regulatory changes. 3. On May 16, the company reported a gross profit increase to $2.6 million, but due to a higher proportion of low-margin testing services, the gross margin fell from 27% to 16%. Revenue from semiconductor backend solutions also positively impacted quarterly performance. Demand in the semiconductor industry is increasing, but risks remain. **Stocks with High Trading Volume in the Industry** ASML fell 0.92% in the night market. Based on recent key news: 1. On May 17, ASML signed an agreement with Tata Electronics to invest $11 billion in building India's first 300mm wafer fab, focusing on automotive electronics and AI chips. This move highlights India's growing importance in the global semiconductor supply chain, driving fluctuations in ASML's stock price. Source: Jinshi Data 2. On May 17, Indian Prime Minister Modi and Dutch Prime Minister jointly witnessed ASML and Tata Group signing a memorandum of understanding to deepen cooperation in the semiconductor manufacturing industry, further promoting the development of India's semiconductor sector. Source: Bloomberg 3. On May 16, ASML's CEO stated that there are many opportunities in India's semiconductor sector and committed to establishing long-term partnerships, driving stock price fluctuations. Source: Reuters The global semiconductor market is becoming increasingly competitive and requires attention. Applied Materials fell 1.45% in the night market. Based on recent key news: 1. On May 15, Applied Materials announced its Q2 fiscal year 2026 earnings report, with revenue and earnings per share exceeding market expectations. Despite strong performance, the stock price fell about 2% in after-hours trading. Analysts pointed out that this may be a typical "sell the news" scenario, as strong AI demand expectations have already been priced in. Source: Caixin 2. On May 15, Morgan Stanley raised its target price for Applied Materials to $502, with a rating of "Overweight," noting that the company benefits from new 3nm wafer capacity and unprecedented DRAM new capacity. Source: Zhito Finance 3. On May 15, Applied Materials projected a median revenue of $8.95 billion for Q3, higher than analysts' expectations of $8.09 billion, indicating that management remains confident in future growth. Source: Wall Street Insights The semiconductor equipment industry is experiencing strong demand, driven by AI growth AXT Inc. fell 2.35% in after-hours trading. Based on recent key news: 4. On May 15, AXT Inc. postponed its meeting due to a lack of quorum at the shareholders' meeting, leading to increased market concerns about corporate governance and putting pressure on the stock price. The company plans to reconvene the meeting on June 4 to gain more voting support. Source: AXT, Inc. 5. On May 17, the application of optical technology in AI data centers increased, driving significant returns for companies like AXT, and enhancing market expectations for future growth. Source: Public Technologies 6. On May 15, AXT Inc. issued a statement through the EDGAR system, emphasizing its positioning in the advanced communications and optoelectronic terminal markets, with technical signals indicating a buy, and the market holding an optimistic view on its long-term development. 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