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Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuHere are some of the companies making headlines in midday trading. Semiconductor stocks — Chipmakers suffered Friday as technology stocks sold off and concern reemerged about the strength of the artificial intelligence trade. The VanEck Semiconductor ETF (SMH) slumped 7%, Astera Labs tumbled 12%, Qualcomm dropped 11% and Nvidia lost 4%. AI infrastructure plays — The iShares A.I. Innovation and Tech Active ETF (BAI) slumped more than 7%, Micron Technology slid more than 5%, Lumentum Holding s by more than 10% and Arista Networks by almost 8%, as stocks tied to the artificial intelligence buildout continued to lose air. CNBC’s David Faber also said Friday that the proposed deal for Lumentum by Marvell Technology won’t come at a big premium. Regeneron Pharmaceuticals – The biotech company jumped 11%. Third-quarter results beat estimates, with Regeneron earning $20.07, excluding items, on revenue of $5.12 billion. The FactSet consensus sought $16.42 per share and $4.56 billion. For the full-year period, Regeneron is calling for non-GAAP gross margin on net product sales of about 86%, up from its earlier guidance of 84% to 85%. Sandisk — The data storage device manufacturer fell 12% even after reporting an earnings and revenue beat in its fiscal first-quarter financial report. It delivered adjusted earnings of $49.51 per share compared to analysts’ estimates for $46.22, per LSEG. Sandisk also announced an eight-for-one forward stock split. Twilio — The consumer engagement platform dropped about 17% after its current quarter guidance reflected slowing organic revenue growth. Twilio sees fourth-quarter revenue in a range of $1.595 billion to $1.605 billion and year-over-year organic revenue growth in a range of 11% to 12%. In the third quarter, however, organic revenue grew 16% year over year. Roblox — Shares of the gaming platform shed 20% after the company gave disappointing guidance for the fourth quarter. Projected bookings for the period range from $1.89 billion to $2.00 billion, while analysts anticipated $2.00 billion. Mondelez International — The company behind Sour Patch Kids and Oreo cookies added more than 3%. Mondelez reported third-quarter adjusted earnings of 78 cents a share, topping the FactSet consensus estimate of 71 cents per share. FedEx Freight — Shares jumped 15% after the freight transportation services business gave strong guidance for the fourth quarter. FedEx Freight expects quarterly revenue between $2.3 billion and $2.37 billion, compared to $2.07 billion a year ago. It anticipates adjusted operating income between $185 million and $205 million, up from $162 million a year prior. Intel — Shares tumbled 29% after the chipmaker issued weaker-than-expected guidance for the fourth quarter . The company sees adjusted earnings per share of 25 cents on revenue ranging between $15 billion and $16 billion. That’s below LSEG estimates of 43 cents in earnings per share and revenue of $17.1 billion. Rivian Automotive — The electric vehicle maker jumped over 8% after it reported better-than-expected third-quarter results. Rivian lost an adjusted 48 cents per share on revenue of $2.16 billion. Analysts polled by LSEG expected a loss of 62 cents per share on revenue of $1.99 billion. The company also increased its guidance on deliveries . Amazon — Shares slipped 1% after the e-commerce giant reported third-quarter results that missed analyst expectations. The company also posted negative free cash flow of $42.4 billion for the trailing 12 month period. Reddit — The company announced it will require users to log in to access its social media platform and issued weaker-than-expected revenue guidance for the fourth quarter. Shares tumbled 29%. Crypto-related stocks — Shares of Coinbase and Robinhood shed 12% and 8%, respectively, following one of the largest crypto hacks ever on Thursday when Binance reported an estimated $6.3 billion was affected. The company also estimates roughly $3 billion in cryptocurrency assets were frozen. Chevron — Shares added 1% after Chevron reported its net income surged nearly 200% to $9.9 billion in the third quarter. The company also posted better-than-expected revenue for the period. Exxon Mobil — Shares gained more than 1% after the oil giant’s profits doubled to $15.4 billion from $7.5 billion in the year-earlier period. AstraZeneca — Shares of the biopharmaceutical company jumped over 7% following better-than-expected third-quarter earnings. The company reported core earnings of $2.79 per share on revenue of $16.21 billion. Analysts expected a profit of $2.60 per share on revenue of $16.05 billion. — CNBC’s Michelle Fox, Scott Schnipper, Nick Wells and Darla Mercado contributed reporting.