Hoth Therapeutics Rebrands to Rocket One, Focuses on AI Semiconductors

By EC Assets · Published 27 May 2026 · Updated 28 May 2026

Hoth Therapeutics Inc. shares surged in premarket trading following an announcement of its rebranding to Rocket One. The company also clarified a strategic shift towards artificial intelligence (AI) semiconductors. This move includes a restructuring to focus on the AI sector. Hoth Therapeutics Inc. saw its stock jump 20% in premarket trading. The company's rebranding includes a name change to Rocket One. It also involves a restructuring of its operations. The company is entering the AI semiconductor infrastructure market. This strategy includes the acquisition of undisclosed assets. Rocket One Inc. will prioritize the development and commercialization of spintronic computing technologies for AI hardware acceleration. Reports indicate Hoth Therapeutics will change its name to Rocket One and restructure for an AI semiconductor focus. This change was reported as early as May 19. The company also reportedly secured a U.S. patent for a cancer-fighting platform. This article is intended for informational purposes only. It does not constitute investment advice.