Morning Brief hosts Brad Smith and Madison Mills cover three major semiconductor stocks and how their shares are moving this morning:

ASML (ASML) stock was cut to Neutral by UBS analysts, the team also slashing their price target outlook.

Super Micro Computer (SMCI) dips after Barclays downgrades the stock to Equal Weight.

Lastly, Advanced Micro Devices (AMD) shares move higher on headlines that the chipmaker appointed former Nvidia (NVDA) executive Keith Strier as AMD's senior vice president of global AI markets.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.