With Chips / semis (SOXX) up 2.6%, this looks like a sector-led move rather than a company-specific surprise.
The semiconductor sector, as measured by the SOXX ETF, continued its upward momentum in after-hours trading, rising 2.61%. This move appears to be an extension of the regular session's rebound, which was attributed to dip-buying following a significant sell-off in the sector over the prior weeks. No single, major news catalyst was released during the after-hours session to specifically account for the continued positive price action. The rally seems to be driven by a broader rotation back into chip stocks as investors look for value after the recent correction.