InterDigital is trading at $287.56 (12% up) after reporting second-quarter results that beat expectations and lifting its full-year 2026 guidance.

  • The move is driven by the company’s first major Amazon streaming and cloud licensing deal.
  • Management raised its FY26 revenue outlook to a range of $775M–$845M.
  • Broader technology strength is also helping sentiment, with the Nasdaq and XLK both up sharply.