SemiLEDS Corporation (NASDAQ:LEDS) shares are trading higher on Tuesday.

The company reported a strong increase in the third quarter of fiscal 2026 results.

The stock's surge comes as the broader Technology sector is also performing well, currently up 0.99%, contributing to a positive market atmosphere. • SemiLEDs stock is surging to new heights today.

What's behind LEDS gains?

Results Drive Stock Surge SemiLEDs revealed a significant increase in revenue, reaching $9.1 million for the third quarter, compared to just $1.1 million in the previous quarter.