These stocks were poised to make moves Wednesday:

Intel shares up 7% in premarket trading. Taiwan Semiconductor Manufacturing has pitched U.S. chip designers NVIDIA, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel's factories.

Tesla shares gained 2.8% in premarket trading. President Donald Trump may have given the stock a lift as he said he would be buying a Tesla vehicle in a defense of CEO Elon Musk, who has played an active role in the administration's Department of Government Efficiency. Musk, at an event Tuesday with Trump, said the company would double output in the United States within two years.

Palantir Technologies Inc. stock gained over 3% in premarket trading. Palantir has announced its upcoming AIPCon event for Thursday, March 13. The conference will feature a live stream with a roster of new and existing customers, including high-profile names such as Heineken, Walgreens, and AT&T, among others.

Stitch Fix shares surged 18.7% in premarket trading, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as sales continued to fall.

Steel makers traded slightly higher after 25% tariffs on steel and aluminum went into effect on Canada and other nations. Nucor rose 1%, United States Steel was up 0.3%, and Steel Dynamics gained 1%, Aluminum company Alcoa was up 1.2%.

Super Micro Computer stock continued to rise 1.15% premarket to $41.32 after closing Tuesday with a gain of nearly 11%. Rosenblatt Securities analyst Kevin Cassidy reinitiated coverage on the stock with a Buy rating and price target of $60.

Earnings reports are expected Wednesday from Adobe, Crown Castle, UiPath, SentinelOne, and American Eagle Outfitters.