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Technology News News 7 January 2026

Credo Technology (CRDO) stock whipsaws, rebounds after CTO share-sale filing; Needham talk next

Credo Technology (CRDO) stock whipsaws, rebounds after CTO share-sale filing; Needham talk next

New York, Jan 7, 2026, 14:22 EST — Regular session Credo Technology Group Holding Ltd shares rebounded on Wednesday, up 6.7% at $141.80 after sliding as much as 6% earlier in the session, as investors digested an insider-sale disclosure. The stock swung between $124.85 and $143.14 in heavy midday trading. The snapback followed two down sessions to start the week.…
7 January 2026
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Nvidia price forecast: Analysts keep $270–$352 targets as China H200 orders turn into the new risk

Nvidia price forecast: Analysts keep $270–$352 targets as China H200 orders turn into the new risk

New York, Jan 7, 2026, 14:35 EST — Regular session Nvidia (NVDA.O) shares rose 1.3% to $189.59 by mid-afternoon on Wednesday, after trading between $186.60 and $191.26. Raymond James analyst Simon Leopold said CES comments “offered encouragement” on Nvidia’s leadership, and recent notes from Evercore ISI, Citi and BofA pegged targets at $352, $270 and $275 — about 42% to…
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…
7 January 2026
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Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

New York, Jan 7, 2026, 13:25 ET — Regular session Skyworks Solutions shares were down 11.8% at $58.44 in afternoon trade on Wednesday, after touching an intraday low of $58.17. No immediate catalyst was apparent. The selloff comes as the chipmaker works to convince investors it can lean more on markets beyond smartphones, with CES 2026 in full swing. “As…
7 January 2026
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CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

New York, January 7, 2026, 13:10 (EST) — Regular session CrowdStrike Holdings Inc (CRWD.O) shares climbed 5.6% to $483.88 on Wednesday, leading a broad rise in cybersecurity stocks. Palo Alto Networks rose 4.7%, Fortinet gained 3.0% and SentinelOne added 1.8%. The move comes as traders in high-growth software weigh fresh signs the U.S. labor market is cooling, a backdrop that…
7 January 2026
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China pauses Nvidia H200 AI chip orders as CES 2026 fuels data-center rush

China pauses Nvidia H200 AI chip orders as CES 2026 fuels data-center rush

BEIJING, January 8, 2026, 01:39 (GMT+8) Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200, a high-end graphics processing unit used to train and run AI models, the Information reported, citing people familiar with the matter. The move came as China weighs whether — and on what terms — it will allow access to the chips,…
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 The move matters now because 18A — Intel’s…
7 January 2026
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Western Digital stock slides after CES-fueled rally; WDC shares swing in U.S. trade

Western Digital stock slides after CES-fueled rally; WDC shares swing in U.S. trade

New York, Jan 7, 2026, 11:09 EST — Regular session Western Digital (WDC) shares fell 7.9% to $201.99 in late morning trade on Wednesday, pulling back from Tuesday’s $219.38 close. The stock was down as much as about 11% earlier in the session. The swing shows how fast the market is repricing storage names as the AI trade widens beyond…
7 January 2026
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Meta Platforms stock drops as China reviews Manus AI deal, legal risks resurface

Meta Platforms stock drops as China reviews Manus AI deal, legal risks resurface

New York, January 7, 2026, 10:39 EST — Regular session Meta Platforms, Inc. shares fell on Wednesday after a report that Chinese officials are reviewing the Facebook parent’s planned $2 billion purchase of artificial intelligence startup Manus, raising the risk of a regulatory delay. The stock was down 2.2% at $646.20 in morning trading. The Financial Times said China’s commerce…
7 January 2026
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Micron stock slips as it sets Jan. 16 groundbreaking for $100 billion New York megafab

Micron stock slips as it sets Jan. 16 groundbreaking for $100 billion New York megafab

New York, Jan 7, 2026, 10:19 (EST) — Regular session Micron Technology said it will break ground on its New York “megafab” on Jan. 16, moving a $100 billion project closer to construction after permits and environmental reviews. Micron shares were down 1.2% at $339.23 in morning trade. “Breaking ground at Micron’s New York megafab is a pivotal moment for…
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…
7 January 2026
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Stock Market Today

  • Cipher Mining (CIFR) Valuation Faces Scrutiny Amid Share Price Volatility and Losses
    January 24, 2026, 6:25 AM EST. Cipher Mining (CIFR) shares closed at $17.57, down from an analyst target of $26.68, drawing investor attention. The crypto-focused data center firm posted revenue of $206.454 million but reported a net loss of $70.529 million, reflecting ongoing operational challenges. Despite a 1-month gain of 8.32%, the stock has declined nearly 15% over three months amid mixed market sentiment. Analysts factor in long-term leases with Amazon Web Services for AI infrastructure, anticipating growth tied to high-performance computing. However, with a price-to-sales ratio of 33.6x-far above industry and peer averages-valuation risks remain if demand or execution falters. Investors weigh these dynamics carefully given Cipher's volatile outlook and substantial swings in total returns over the past year.
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