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Semiconductors 12 January 2026 - 14 January 2026

Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

Micron Technology shares ticked up 0.2% to $345.87 in early U.S. trading Tuesday. KeyBanc raised its price target for the memory-chip giant to $450 from $325, maintaining an Overweight rating. The firm highlighted strong demand from hyperscalers — the largest cloud and data-center customers — which is tightening memory supply and pushing prices higher across more end markets.
KLA stock notches new 52-week high as chip-tool shares firm; Susquehanna lifts target

KLA stock notches new 52-week high as chip-tool shares firm; Susquehanna lifts target

KLA Corp shares climbed 2.0% Monday, closing at $1,428.17—a fresh 52-week high that topped the previous peak of $1,406.97 from Jan. 6. Trading volume hit 854,084 shares, below the 50-day average, even as the S&P 500 and Dow finished slightly higher. Applied Materials jumped roughly 2.0%, while Lam Research added nearly 1.0%, boosting the iShares Semiconductor ETF by about 0.5%.
Why Qualcomm stock slid nearly 5% today: Mizuho downgrade, Apple risk and the next QCOM catalyst

Why Qualcomm stock slid nearly 5% today: Mizuho downgrade, Apple risk and the next QCOM catalyst

Qualcomm Incorporated shares dropped 4.8% on Monday, slipping to $169.27 in after-hours trading. The decline followed a downgrade by Mizuho, which also lowered its price target. The broker cut its estimates by up to 7%, citing expected challenges for Qualcomm’s handset shipments and its “iPhone content” — the components it supplies for Apple’s phones — in 2026.
Micron stock holds near a fresh high as suppliers lift chip testing fees; what comes next

Micron stock holds near a fresh high as suppliers lift chip testing fees; what comes next

Micron Technology shares ended slightly higher on Monday and were little changed in after-hours trading after a report said memory-chip testing and packaging vendors have raised prices by as much as 30%, adding another pressure point in a tight supply chain. The stock closed at $345.87, up 0.2%, after touching a session high that matched its 52-week peak.
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