Check out the companies making the biggest moves midday: Semtech — The signal components maker rallied 8% after the company announced the launch of new optical receivers for artificial intelligence networks alongside Poet Technologies. On top of that, Oppenheimer upgraded the stock to outperform following a meeting with management. Credo Technology — Shares fell more than 1% after the connectivity components maker agreed to acquire the privately held Hyperlume, which " provides microLED-based interconnects for use in hyperscale and AI-focused data centres." UiPath — The automation stock gained 10% after the company announced partnerships with OpenAI, Snowflake and Nvidia. As part of the agreements, the companies will incorporate UiPath's automation technology into their AI capabilities. Pf

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