Browse Category
Technology 19 June 2026 - 20 June 2026
Sandisk shares closed at $2,184.75 after an 11.54% gain, with the Nasdaq up 2.43% for the holiday-shortened week, supported by a 7% rise in the Philadelphia semiconductor index. Astera Labs ended at $417.07, up 11.31%, and gained about 13.6% for the week; it will be added to the Nasdaq-100 before Monday’s open, with AI infrastructure demand cited as a factor. Vertiv shares rose 4.87% to $333.05, up nearly 10% for the week, amid ongoing demand for AI data-center cooling. Keel’s shares climbed 12.33% on the TSX and 5.36% on the Nasdaq, after raising $458 million in convertible notes to boost funding for its U.S. expansion. TSMC’s U.S. shares surged 6.9% to $462.12, up 9% for the week, while Nvidia added 2.7% and the PHLX Semiconductor Index rose 7.3%. Microsoft fell 2.9% for the week, trailing the S&P 500 and Nasdaq, with investors awaiting Micron’s earnings and new U.S. inflation data. Shopify’s Toronto shares dropped 1.1% and its Nasdaq shares were little changed after a midweek slump, as the company rolled out new AI features and expanded its fulfillment network. Micron closed at $1,133.99, up 8.7% and 15.5% for the week, with investors awaiting its upcoming earnings. Snap declined for a third straight session, closing at $4.66. NuScale Power rose 13.54% to $11.74, as Paragon neared completion of reactor protection system design, though NuScale reported just $565,000 in first-quarter revenue and faces development risk. Amazon gained 2.4% for the week, with Prime Day and earnings ahead. Ondas rose 1.64% to $9.27 after announcing a $125 million acquisition of Cyberhawk. Kioxia gained 12.07% in Tokyo, contributing to a strong Nikkei week. ASML shares slipped 0.6% after stating it did not ship EUV machines or parts to China, responding to U.S. concerns. Marvell rose 7.27% to $310.58, with a target hike from KeyBanc and a photonics milestone, and will join the S&P 500. Accenture dropped 17.97% to $127.98 after reporting $18.72 billion in revenue and $19.32 billion in bookings, now 24.8% below its June 12 close. Cisco ended a four-day losing streak, rising 1.88% to $119.54. Wolfspeed jumped 17.91% to $57.41 after filing to register up to 24.07 million shares for resale by selling stockholders, with no proceeds to the company.