Ten stocks soared by double- to triple-digits last week, as investors cheered strong corporate earnings, while remaining optimistic amid the easing tensions between the US and Iran. Of the 10 in the list, two stocks notably more than doubled their share prices, thanks to the rosy growth prospects for the semiconductor industry.

In this article, we spotlight the names of the 10 top performers and detail the reasons behind their gains.

To come up with the list, we focused on the stocks with a $2 billion market capitalization. Their rankings were based on the growth in their percentage prices between April 17 and 24, 2026.

10. Liberty Energy Inc. (NYSE:LBRT)

Liberty Energy grew its share prices by 24.49 percent week-on-week to hit a new all-time high, as investors gobbled up its shares after a strong earnings performance and an upbeat outlook amid ongoing supply disruptions.

On Friday alone, the stock soared to its highest price of $33.15 before trimming gains to finish the session just up by 1.30 percent at $32.74 apiece.

In an earnings call earlier in the week, Liberty Energy Inc. (NYSE:LBRT) said that it was able to grow its net income for the first three months by 12 percent to $22.5 million from $20.1 million in the same period last year. Revenues broke past the $1 billion level, finishing at $1.02 billion or 4 percent higher than the $977 million year-on-year.

CEO Ron Gusek pointed to the “unprecedented oil and gas supply disruptions” as among the factors that buoyed its growth, with lingering supply challenges expected to continue benefiting Liberty Energy Inc. (NYSE:LBRT) and its counterparts in North America.

“Over time, this dynamic may support structural tailwinds for North America, as global consumers reevaluate energy supply chains and diversify sourcing, with greater reliance on US and Canadian-sourced oil and refined product supply,” the energy firm said.

“As the markets weigh rising concerns over physical oil and gas supply shortages against potential ceasefire implications, North American [exploration and production] companies are evaluating a range of macroeconomic scenarios. The recent rise in oil prices is well above early-year expectations, now driving substantially better E&P economics with greater potential for increased free cash flow generation,” it added.

In other news, Liberty Energy Inc. (NYSE:LBRT) is set to pay $0.09 in cash dividends for every Class A common share held by its shareholders on record as of June 4, 2026. Payment will be made on June 18.

9. American Superconductor Corp. (NASDAQ:AMSC)

Shares of American Superconductor rallied by 24.57 percent week-on-week, as investors loaded portfolios in stocks seen to benefit from the surging power demand.

With the continued growth of artificial intelligence, the need for a reliable and stable energy service has become more crucial for data center and semiconductor industries, sparking rosy prospects for American Superconductor Corp. (NASDAQ:AMSC) and its counterparts in the power solutions sector.

American Superconductor Corp. (NASDAQ:AMSC) is a leading power solutions provider for energy, industrial, and military sectors. It designs and manufactures high-temperature superconductor wires, power electronics, and software-based control systems to enhance grid efficiency.

For the fourth quarter of fiscal year 2025 ending March, American Superconductor Corp. (NASDAQ:AMSC) is targeting to more than double its net income to over $3 million from $1.2 million posted in the same period last year.

Revenues are projected to jump by 20 percent to $80 million from $66.7 million year-on-year.

Based on its historical reporting dates, the company is expected to release official results in the last week of May 2026.

Last quarter, ending December 2025, American Superconductor Corp. (NASDAQ:AMSC) saw its revenues increase by 21 percent to $74.5 million from $61.4 million. Net profit soared by 4,612 percent to $117.8 million from $2.5 million, thanks to a one-off tax benefit of $113.1 million from the valuation allowance on a deferred tax asset.

8. Rambus Inc. (NASDAQ:RMBS)

Rambus soared by 24.8 percent week-on-week, amid investor optimism ahead of the results of its earnings performance for the first quarter of fiscal year 2026.

In an updated report, Rambus Inc. (NASDAQ:RMBS) said that it would announce its financial and operating highlights after market close on Monday, April 27. A conference call will be held to elaborate on the results.

For the period, the company is targeting to report product revenues of $84 million to $90 million, or an implied 46 to 50 percent decline from the $166.7 million posted in the same period last year.

Licensing billings are projected at $66 to $72 million, or an expected decline of 2 to 9.6 percent from the $73.3 million in the same comparable period.

Only contract and other revenues are projected to increase by 28 to 64.6 percent to a range of $21 to $27 million from $16.4 million a year earlier.

Rambus Inc. (NASDAQ:RMBS) is a global semiconductor company that aims to deliver innovative memory and security solutions that address the evolving needs of the data center and artificial intelligence industries.

Earlier this week, it launched a new server module chipset called SOCAMM2, designed to enable low-power, high-performance LPDDR5X-based memory modules for AI server platforms.

“The rapid diversification and expansion of data center workloads driven by AI is reshaping system requirements, heightening the need for purpose-built solutions that optimize for power, efficiency, form factor, and memory scalability. SOCAMM2 memory modules, based on LPDDR technology, are emerging as an innovative architectural approach to address these challenges by delivering high performance with lower power consumption in a modular, serviceable, board area efficient form factor,” Rambus Inc. (NASDAQ:RMBS) said.

7. Advanced Micro Devices Inc. (NASDAQ:AMD)

Advanced Micro Devices climbed by 24.9 percent week-on-week, as investors gobbled up shares following an analyst’s bullish outlook for the company, having raised its price target by 70 percent.

On Friday alone, the stock climbed to an all-time high of $352.99, thanks to DA Davidson’s “buy” recommendation and a higher price target of $375 versus $220 previously.

DA Davidson said that its coverage reflected its optimism for Advanced Micro Devices Inc.’s (NASDAQ:AMD) increasing role in the accelerating data center buildout, citing a “structural increase in CPU demand.”

It also pointed to Intel Corp.’s strong first-quarter earnings results as having signaled the acceleration of the CPU market.

“We view Intel’s results as a precursor for a huge step-up for AMD’s CPU franchise and believe the structural shift toward [agentic] AI workloads is creating unprecedented demand for server CPUs,” DA Davidson said.

With CPU demand likely outstripping supply in the foreseeable future, Advanced Micro Devices Inc. (NASDAQ:AMD) can boost prices across its portfolio and widen profit margins, it noted.

Advanced Micro Devices Inc. (NASDAQ:AMD) is set to announce the results of its earnings performance in the first quarter of the year on May 5.

6. Power Integrations Inc. (NASDAQ:POWI)

Power Integrations climbed by 25.39 percent week-on-week, as investors increased their positions ahead of the results of its earnings performance for the first quarter of the year.

In a notice to investors, Power Integrations Inc. (NASDAQ:POWI) said that it is set to release its financial and operating highlights after market close on Thursday, May 7. A conference call will be held to elaborate on the results.

The company earlier issued a weak outlook for the said period, with revenues expected to be at $104 million to $109 million, or a 1.4 percent dip to a growth of 3.3 percent from the $105.5 million in the same period last year.

However, investors remained confident about its business prospects amid the strong demand from data center and high-performance computing (HPC) players, propelling its share prices during the week.

Power Integrations Inc. (NASDAQ:POWI)  is engaged in the production of high-power voltage power conversion, which helps improve energy efficiency in electronics by enabling efficient AC-DC conversion.

Earlier, it announced the development of PowiGan gallium-nitride (GaN) technology for next-generation power architectures, which aims to cater to the AI data center market.

Apart from AI, its products are also used in various sectors such as appliances, motors, and renewable energy systems, among others.

Click to continue reading and see the other 5 Stocks With Double-, Triple-Digit Returns.

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