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Semiconductor Industry News 7 January 2026

Micron Technology stock slips as UBS, Piper lift MU price target to $400 and New York megafab date is set

Micron Technology stock slips as UBS, Piper lift MU price target to $400 and New York megafab date is set

New York, Jan 7, 2026, 16:15 (EST) — After-hours Micron Technology Inc shares were down about 1.2% at $339.45 on Wednesday after trading between $335.10 and $346.24, even as Wall Street pushed price targets higher and the company set a date to break ground on a planned New York factory. The pullback comes as investors crowd into memory and storage names tied to artificial-intelligence spending, where servers need more DRAM — the working memory in computers — and high-bandwidth memory (HBM), a stacked chip used to feed AI processors. Sandisk shares surged 27.6% on Tuesday after Nvidia Chief Executive Jensen
7 January 2026
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Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

New York, January 7, 2026, 14:36 EST — Regular session QUALCOMM Incorporated shares fell 2.6% to $177.79 on Wednesday afternoon after Chief Executive Cristiano Amon was quoted by the Korea Economic Daily as saying the chip designer is talking first with Samsung Electronics about contract manufacturing of two‑nanometre (2nm) chips. Qualcomm was not immediately available for comment and Samsung said it does not comment on specific customers, the report said. Reuters The timing matters because 2nm is the next rung on the chipmaking ladder. Smaller process nodes can pack more transistors into the same space, which usually helps speed and
7 January 2026
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Micron MU stock price forecast: $400 targets collide with a $100 billion New York megafab plan

Micron MU stock price forecast: $400 targets collide with a $100 billion New York megafab plan

New York, Jan 7, 2026, 14:36 EST — Regular session Micron Technology shares eased on Wednesday after a sharp early-year run, with the stock down about 1% at $339.90 and swinging between $335.10 and $346.24. The pullback comes a day after memory and storage names ripped higher on fresh AI optimism out of CES, sending Micron and peers such as SanDisk, Western Digital and Seagate to record highs. Reuters Why it matters now: investors are trying to price a chip cycle that looks less like the old boom-and-bust pattern, just as U.S. labor data reshapes rate-cut bets. Job openings fell
7 January 2026
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Intel stock jumps 8% on CES 2026 18A chip debut as INTC investors eye the next catalyst

Intel stock jumps 8% on CES 2026 18A chip debut as INTC investors eye the next catalyst

New York, January 7, 2026, 11:40 (EST) — Regular session Intel shares jumped about 8% on Wednesday after the chipmaker showcased laptop processors built on its new “18A” manufacturing technology at the CES trade show in Las Vegas. The stock was up 8.3% at $43.37 in late-morning trade, after topping $44.55. Investing.com The move matters now because 18A — Intel’s label for its next chipmaking process — sits at the center of its turnaround pitch, including hopes of winning more advanced manufacturing work. Intel said its Core Ultra Series 3 line is the first compute platform built on 18A, which
7 January 2026
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UMC stock jumps near 10% after December sales update as January earnings near

UMC stock jumps near 10% after December sales update as January earnings near

NEW YORK, January 7, 2026, 11:07 EST — Regular session United Microelectronics’ U.S.-listed shares surged on Wednesday, pushing the Taiwan chipmaker to a fresh 52-week high and putting the stock among the session’s top semiconductor gainers. UMC was up about 9.7% at $8.91 in late morning trade. The move matters because UMC’s monthly sales are one of the first hard reads on foundry demand going into 2026, when investors are trying to pin down whether the industry has truly worked through excess inventory. Chip stocks have also caught a bid this week after upbeat signals elsewhere in the sector, including
7 January 2026
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AMD stock slips in regular trade as CES buzz fades and Feb. 3 earnings loom

AMD stock slips in regular trade as CES buzz fades and Feb. 3 earnings loom

New York, Jan 7, 2026, 10:28 EST — Regular session Advanced Micro Devices shares fell 1.7% to $210.63 in morning trading on Wednesday, even as Nvidia rose 1.8% and Intel jumped 8.8%. The slide comes a day after AMD set Feb. 3 for fiscal fourth-quarter and full-year results, with a conference call scheduled for 5 p.m. EST after the market close. AMD also said Chief Technology Officer Mark Papermaster will present at Morgan Stanley’s Technology, Media & Telecom Conference on March 3. Advanced Micro Devices, Inc. At CES this week, AMD rolled out fresh hardware aimed at the AI buildout.
7 January 2026
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Nvidia stock rises after CEO says Rubin chips are in “full production” at CES

Nvidia stock rises after CEO says Rubin chips are in “full production” at CES

New York, January 7, 2026, 10:07 EST — Regular session Nvidia shares rose 1.4% to $189.84 in morning trade on Wednesday, after Chief Executive Jensen Huang laid out fresh details on the chipmaker’s next-generation “Vera Rubin” platform at CES in Las Vegas. The move comes with U.S. stocks steady at the open as investors paused after an AI-driven rally and waited for a labor market report due later in the day. Huang said the next generation of Nvidia chips is in “full production,” and claimed they can deliver five times the artificial-intelligence computing of the company’s prior chips for chatbots
7 January 2026
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Navitas Semiconductor (NVTS) stock jumps in premarket after Needham Growth Conference update

Navitas Semiconductor (NVTS) stock jumps in premarket after Needham Growth Conference update

New York, January 7, 2026, 09:11 EST — Premarket Navitas Semiconductor shares jumped about 13% to $10.19 in premarket trading on Wednesday, after the company said it will appear at Needham & Company’s Growth Conference next week. The stock closed at $9.04 in the prior session. GlobeNewswire The timing matters because investors have been snapping up names tied — directly or loosely — to the buildout around AI data centers. Nvidia this week rolled out its next-generation “Vera Rubin” computing platform at CES 2026, keeping the focus on the hardware stack that feeds power-hungry systems. The Verge Navitas, which makes
7 January 2026
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Nvidia stock today: NVDA slips premarket after Huang flags China H200 orders and Rubin rollout

Nvidia stock today: NVDA slips premarket after Huang flags China H200 orders and Rubin rollout

NEW YORK, Jan 7, 2026, 07:58 EST — Premarket Nvidia (NVDA.O) shares fell about 0.5% to $187.24 in premarket trading on Wednesday, after closing at $188.10. CEO Jensen Huang said at CES that any Chinese clearance to import Nvidia’s H200 artificial intelligence (AI) data-center GPU — short for graphics processing unit — would show up through “purchase orders,” not a formal announcement, as the company waits for U.S. export licenses. Reuters The update lands as investors keep treating Nvidia as a bellwether for the AI rally that drove the S&P 500 and Dow to record closes on Tuesday. U.S. index
7 January 2026
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Amphenol stock whipsaws on Nvidia’s cable-free Rubin reveal; APH earnings next

Amphenol stock whipsaws on Nvidia’s cable-free Rubin reveal; APH earnings next

New York, January 6, 2026, 20:01 EST — Market closed Amphenol Corp (APH) shares closed up 1.1% at $141.38 on Tuesday after sliding as low as $130.62 earlier in the session. The stock was last up 0.1% at $141.49 in late after-hours trading. The move followed Nvidia’s launch of its next-generation Rubin AI platform at CES, a design the company said uses a cable-free architecture. “Rubin arrives at exactly the right moment,” Nvidia CEO Jensen Huang said, with Nvidia saying Rubin-based products will be available from partners in the second half of 2026. NVIDIA Newsroom That matters for Amphenol because
7 January 2026
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Texas Instruments stock jumps 8% as Microchip update sparks analog-chip rally

Texas Instruments stock jumps 8% as Microchip update sparks analog-chip rally

New York, January 6, 2026, 18:32 EST — After-hours Texas Instruments shares jumped on Tuesday and held near the day’s highs in after-hours trading, riding a rally in analog chipmakers after Microchip Technology lifted its quarterly sales view. TXN was last up 8.4% at $192.10, after trading between $178.01 and $192.82. Investing.com The move matters because Texas Instruments is a closely watched read on demand for chips that go into factories and cars — markets investors have flagged as slow to rebound after customers spent months working down inventories. Microchip said on Monday it expects net sales of about $1.185
7 January 2026
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Intel stock rises after hours as CES “Panther Lake” debut and Melius upgrade sharpen focus on 18A

Intel stock rises after hours as CES “Panther Lake” debut and Melius upgrade sharpen focus on 18A

New York, January 6, 2026, 17:55 EST — After-hours Intel (INTC.O) shares rose 1.6% to $40.04 in after-hours trading on Tuesday, after trading between $38.98 and $40.30 during the session. The move followed the chipmaker’s CES product rollout and a fresh “buy” call from Melius Research. At the CES trade show in Las Vegas, Intel launched its Panther Lake laptop processor line, the first built on 18A — the chipmaking process that defines how densely transistors are printed onto silicon. CEO Lip-Bu Tan said the company hit its pledge to ship first 18A products by the end of 2025, while
7 January 2026
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:11 AM EST CleanSpark (CLSK) Shares Show Volatility Amid Bitcoin Mining Growth Prospects February 7, 2026, 12:02 AM EST. CleanSpark (CLSK), a bitcoin mining firm, saw a sharp 21.96% rise in one day after a 35.26% decline over 90 days. The company posted $785 million in annual revenue but a net loss of $267 million. Despite recent share price volatility, analysts estimate a fair value of $23.16 per share, more than double the current $10.08 price, reflecting expectations of expansion in mining capacity and improved margins. The valuation
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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