Check out the companies making headlines before the bell. Iren — The data center company jumped 22% after reaching a deal with Microsoft to provide the software and cloud computing provider with access to Nvidia GB300 GPUs over five years for $9.7 billion. Semiconductor manufacturers — The group advanced after Iren’s nearly $10 billion deal to access Nvidia chips, which broadly lifted investor sentiment on semiconductor demand. Nvidia rose nearly 2%, while Micron Technology and Advanced Micro Devices advanced roughly 4% and 1%, respectively. ON Semiconductor – ON added more than 3% after third-quarter profit and sales beat analyst estimates. On Semi earned an adjusted 63 cents per share on revenue of $1.55 billion, better than the 59 cents and $1.52 billion that analysts polled by FactSet forecast. Kenvue —The Tylenol and Band-Aid maker rallied 20% after agreeing to be acquired by Kimberly-Clark for $48.7 billion in cash and stock in a deal expected to close in the second half of 2026. Cipher Mining — The developer of data centers for bitcoin mining and artificial intelligence surged 17% after third-quarter results exceeded expectations. Cipher posted a narrower-than-expected loss of 1 cent, better than the loss of 4 cents anticipated by analysts polled by FactSet. Revenue of $71.7 million missed the $77.8 million consensus estimate. New Gold — Shares jumped 9% after Coe …
