CEVA is trading at $34.57 (up 5.1%) in pre-market, extending a sharp rebound as bullish sentiment returns to the broader semiconductor industry.
- The stock's gains follow an 11% rally on July 30, 2026, sparked by strong Samsung earnings that lifted the entire chip sector.
- Broader market indicators support the move, with the SOXX semiconductor ETF rising over 3% and tech futures trading higher.
- The price action appears driven by sector-wide momentum rather than new company-specific developments.