Today: 7 February 2026
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Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Rockchip Electronics 603893 stock: volatile week near 200 yuan as PMI and earnings outlook drive the next test

Rockchip Electronics 603893 stock: volatile week near 200 yuan as PMI and earnings outlook drive the next test

Rockchip Electronics’ Class A shares closed at 191.32 yuan on Jan. 30, nearly unchanged after swinging between 209.81 and 185.11 yuan last week. The company forecasts 2025 revenue up 40% and net profit up as much as 85%, citing AIoT chip demand. China’s January manufacturing PMI fell to 49.3, fueling caution ahead of new data due Monday.
1 February 2026
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China Resources Microelectronics stock price in focus: filing flags 2026 revenue lift, higher margins and SiC push

China Resources Microelectronics stock price in focus: filing flags 2026 revenue lift, higher margins and SiC push

China Resources Microelectronics shares closed at 63.77 yuan in Shanghai, down 0.02% after trading between 61.50 and 64.65. The chipmaker forecast “positive” revenue and margin growth for 2026, citing demand in autos, energy storage, and AI. Management highlighted plans to expand 12-inch wafer capacity and boost third-generation semiconductor output. Shares have risen about 20.6% since January 1.
1 February 2026
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Rambus stock sinks into earnings week after sharp Friday reversal in RMBS

Rambus stock sinks into earnings week after sharp Friday reversal in RMBS

Rambus shares fell 6.39% to $113.83 at Friday’s close, reversing early gains ahead of its earnings report due after the bell Monday. The stock swung between $112.84 and $127.03 during the session. Chip stocks and major indexes dropped as investors reacted to higher-than-expected producer prices and uncertainty over the next Federal Reserve chair. U.S. markets are closed for the weekend.
1 February 2026
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Suzhou Maxwell Technologies stock price slides 4.7% as insider selling starts; what to watch Monday

Suzhou Maxwell Technologies stock price slides 4.7% as insider selling starts; what to watch Monday

Suzhou Maxwell Technologies shares fell 4.67% to 310.52 yuan Friday after general manager Wang Zhenggen sold 411,500 shares for about 140 million yuan. Major shareholders began a previously announced stake sale as new China factory data showed manufacturing PMI slipped to 49.3 in January. Mainland markets close Sunday. Traders await Monday’s open for signs of further selling pressure.
1 February 2026
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Piotech Class A stock price slips into weekend — what to watch before Shanghai trading reopens

Piotech Class A stock price slips into weekend — what to watch before Shanghai trading reopens

Piotech Inc’s A-shares fell 2.47% to 352.74 yuan at Friday’s close on Shanghai’s STAR Market, after a state-backed fund cut its stake to 16.50% via block trades totaling 8.43 million shares. The broader semiconductor-equipment sector also declined, with a key theme index down about 1% mid-session. Trading in Piotech shares was volatile, with turnover reaching 2.02 billion yuan. Investors are watching for further shareholder moves next week.
1 February 2026
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Tower Semiconductor stock: what to watch before TSEM’s Feb. 11 earnings after a choppy week

Tower Semiconductor stock: what to watch before TSEM’s Feb. 11 earnings after a choppy week

Tower Semiconductor shares closed Friday at $134.73, down 0.1% after trading between $140.33 and $132.52. About 2.37 million shares changed hands. The company will report earnings on Feb. 11, with investors watching for updates on revenue guidance and silicon photonics capacity. Tower last forecast Q4 revenue at $440 million, plus or minus 5%.
1 February 2026
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VeriSilicon (688521) stock price jumps 6% — what to watch before Monday’s China open

VeriSilicon (688521) stock price jumps 6% — what to watch before Monday’s China open

VeriSilicon shares surged 6% to 222.01 yuan in Shanghai on Friday, leading chip-design stocks higher ahead of the mainland market’s weekend closure. About 57,000 employee-incentive shares will become tradable on Feb. 2. Traders are watching for Monday’s China activity data and Hong Kong chip IPOs next week. China’s official manufacturing PMI fell to 49.3 in January, signaling contraction.
1 February 2026
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GlobalFoundries stock price slides 5% as chip selloff bites — what to watch next for GFS

GlobalFoundries stock price slides 5% as chip selloff bites — what to watch next for GFS

GlobalFoundries shares fell 5.1% to $42.20 Friday, leading a broader chip sector decline as the SOXX ETF dropped 4.1% and Intel slid 4.4%. The selloff followed President Trump’s nomination of Kevin Warsh to head the Fed and higher inflation data. GlobalFoundries will report earnings and guidance on February 11. The company recently agreed to buy Synopsys’ ARC Processor IP business, with the deal expected to close in late 2026.
1 February 2026
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LONGi A-share price sinks 4.7% into the weekend — what China solar traders watch next

LONGi A-share price sinks 4.7% into the weekend — what China solar traders watch next

LONGi Green Energy shares fell 4.74% to 17.88 yuan in Shanghai Friday after the company forecast a 2025 net loss of up to 7.4 billion yuan excluding one-offs. The Ministry of Finance said China will end value-added tax export rebates on photovoltaic products from April 1. Silver prices, key for solar production, dropped 11% Friday. The Shanghai Composite closed down 0.96%.
1 February 2026
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Longsys Electronics stock set for Monday test after profit jump forecast and a sharp Friday drop

Longsys Electronics stock set for Monday test after profit jump forecast and a sharp Friday drop

Shares of Shenzhen Longsys Electronics fell 6.4% Friday to 336 yuan after the company projected 2025 net profit to surge 151%–211% year-on-year. The memory maker cited rising AI server demand and tighter supply but warned the forecast is unaudited. Investors await Monday’s open to gauge further reaction. Mainland markets are closed for the weekend.
1 February 2026
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Fabrinet stock price heads into Feb. 2 earnings after wild swing — what FN investors watch next

Fabrinet stock price heads into Feb. 2 earnings after wild swing — what FN investors watch next

Fabrinet shares fell 1.4% to $489.44 Friday after a $40 intraday swing, with 808,000 shares traded. The company reports fiscal Q2 results after markets close Monday, followed by a 5 p.m. call. Investors will watch if revenue meets the $1.05–$1.10 billion guidance and non-GAAP EPS of $3.15–$3.30. Shares remain near a 52-week high of $531.22.
1 February 2026
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OmniVision Integrated Circuits Group Class A stock (603501) dipped Friday — what traders watch next week

OmniVision Integrated Circuits Group Class A stock (603501) dipped Friday — what traders watch next week

OmniVision Class A shares fell 1.37% to 121.20 yuan in Shanghai trading Friday. Norges Bank cut its stake in the company’s Hong Kong shares to 4.89% after selling 76,500 shares. Axera Semiconductor filed for a HK$2.96 billion Hong Kong IPO, with Tencent and Qiming among cornerstone investors. Montage Technology targets a HK$7.04 billion secondary listing, with pricing set for February 6.
1 February 2026
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Stock Market Today

Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

7 February 2026
Amazon shares fell 5.6% to $210.32 on Friday after the company forecast 2026 capital spending would jump to $200 billion, up more than 50% from 2025. The drop came as the Dow closed above 50,000 for the first time. Amazon reported fourth-quarter net sales up 14% to $213.4 billion and operating income at $25 billion. Trading in Amazon was volatile, with 179 million shares changing hands.
Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

7 February 2026
Bitcoin fell 1.1% to $68,917 Saturday after volatile trading, while Ether held near $2,036. U.S. spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows the previous day. Strategy shares rebounded after hitting a low of $111.27 Thursday. Traders are watching Monday’s U.S. market open and the upcoming inflation report for direction.
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