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Technology News News 17 January 2026 - 19 January 2026

SK hynix stock at 764,000 won: tariff talk and Micron’s Taiwan move set up the week

SK hynix stock at 764,000 won: tariff talk and Micron’s Taiwan move set up the week

SEOUL, Jan 20, 2026, 01:40 (KST) — Premarket SK hynix Inc (000660.KS) shares climbed 1.1% to finish at 764,000 won on Monday, trading within a range of 750,000 to 774,000 during the session. The South Korean memory-chip manufacturer is set to release its earnings on Jan. 29. (Investing.com) In Seoul, the stock has turned into a quick proxy for the AI hardware boom. SK hynix offers high-bandwidth memory, or HBM — chip stacks placed alongside AI processors to speed up data transfer and cut power consumption. Tariff news is hitting with unusual force. Investors are scrambling to figure out if
Microsoft stock faces tariff jitters, Musk’s $134 billion OpenAI claim ahead of key week

Microsoft stock faces tariff jitters, Musk’s $134 billion OpenAI claim ahead of key week

New York, Jan 19, 2026, 09:33 EST — Market closed Microsoft shares slipped 2.2% in European trading Monday amid a wider selloff in U.S. tech proxies following President Donald Trump’s threat of fresh tariffs on European countries. Nasdaq 100 futures dropped 1.25% as U.S. cash markets remained closed for the Martin Luther King Jr. holiday. (Reuters) Microsoft (MSFT.O) faces pressure as trading picks up Tuesday, kicking off a week packed with headlines. Investors have been quick to trim risk in mega-cap tech names. “There is obviously a response (in financial markets) to the new tariff threats,” said George Lagarias, chief
Salesforce stock drops to a seven-week low — what to watch for CRM after the MLK Day pause

Salesforce stock drops to a seven-week low — what to watch for CRM after the MLK Day pause

New York, Jan 18, 2026, 16:32 EST — Market closed. Salesforce shares ended Friday down 2.75% at $227.11, marking their lowest close since Nov. 26. This stretched the stock’s losing streak to four sessions and dragged the Dow component roughly 12% lower for the week. After hours, the stock showed little movement. (StockAnalysis) This matters because the drop has thrust Salesforce back into the spotlight as a big-cap laggard, right as traders approach a long weekend and a shortened preview of next week. With little fresh company data available, the next move might hinge more on sentiment than news. The
AI stocks head into MLK Day break mixed: Nvidia and Intel slip as AMD, Broadcom firm

AI stocks head into MLK Day break mixed: Nvidia and Intel slip as AMD, Broadcom firm

New York, January 18, 2026, 12:33 EST — The market has closed. U.S. chip and software stocks tied to AI closed Friday on a mixed note ahead of the long holiday weekend. Advanced Micro Devices and Broadcom posted gains, with AMD up 1.7% at $231.83 and Broadcom climbing 2.6% to $351.71. Meanwhile, Nvidia slipped 0.5% to $186.23, and Intel dropped 2.8% to $46.96. On the software side, Palantir slid 3.4%, Alphabet dipped 0.9%, and Microsoft edged up 0.7%. U.S. stock and bond markets are closed Monday in observance of Martin Luther King Jr. Day, with trading restarting Tuesday. The break
Microsoft stock heads into Tuesday with Musk’s $134 billion OpenAI claim in the mix

Microsoft stock heads into Tuesday with Musk’s $134 billion OpenAI claim in the mix

NEW YORK, Jan 18, 2026, 09:37 EST — Markets have shut down for the day. Elon Musk is pursuing up to $134 billion from OpenAI and Microsoft Corp, alleging they reaped “wrongful gains” from his early investment in the AI lab, according to a federal court filing. OpenAI dismissed the lawsuit as “unserious,” while Microsoft declined to comment. Microsoft shares closed Friday up 0.7% at $459.86. (Reuters) Timing is crucial as Microsoft approaches its next earnings report, with less than two weeks to go. Investors are eager to see if AI investments are delivering returns quickly enough. The company plans
AST SpaceMobile stock jumps on SHIELD contract slot — what to know before trading resumes

AST SpaceMobile stock jumps on SHIELD contract slot — what to know before trading resumes

New York, Jan 18, 2026, 07:14 EST — Market closed AST SpaceMobile shares rose 14.3% to close at $115.77 on Friday, following news the satellite-to-smartphone firm landed a spot in a U.S. missile-defense contract. The Nasdaq stock fluctuated between $106.02 and $120.72, with roughly 33.7 million shares traded. The move matters as investors weigh what gaining a defense foothold could mean for a company still expanding its commercial network. Government contracts tend to be sticky, yet they often come with delays and uneven progress. The pause will stretch further, as U.S. stock markets shut Monday for Martin Luther King Jr.
Nvidia stock heads into Tuesday reopen with China’s H200 snag back in focus

Nvidia stock heads into Tuesday reopen with China’s H200 snag back in focus

New York, Jan 18, 2026, 05:19 EST — Market closed. Nvidia shares closed the week slightly lower, though Tuesday’s outlook appears more uncertain. China is the immediate concern. Reports say customs officials have halted shipments of Nvidia’s H200 processors, raising fresh delivery risks despite steady signals from wider chip demand. Suppliers making parts for Nvidia’s H200 chip have halted production after Chinese customs stopped shipments of the newly approved processors from entering the country, the Financial Times reported Friday. Reuters was unable to confirm the report immediately, and Nvidia did not reply to a request for comment outside regular business
VeriSilicon 688521 stock price dips after wild swing despite China chip surge

VeriSilicon 688521 stock price dips after wild swing despite China chip surge

Shanghai, Jan 18, 2026, 09:42 (GMT+8) — Market closed. VeriSilicon Microelectronics (Shanghai) Co Ltd saw its Shanghai-listed A shares finish down 1.9% at 178 yuan. Earlier, the stock tumbled over 6% to a session low but clawed back some losses. It swung between 169.80 and 184.58 before closing lower. (Investing.com) The dip came despite onshore chip stocks holding strong. According to China News Service, referencing Eastmoney data, the semiconductor sector jumped 4.13% on Friday and has surged over 17% this year. On Shanghai’s STAR Market, Tianyue Advanced and Yongxi Electronics hit their daily 20% limit-up, while GigaDevice also reached its
China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

SHANGHAI, Jan 18, 2026, 09:43 GMT+8 — Market closed. China Resources Microelectronics Ltd’s A-shares on the Shanghai market closed Friday up 13.04%, settling at 68.20 yuan after hitting a high of 70.48 yuan during the day. Trading volumes were heavy, with around 58.24 million shares traded, generating about 3.79 billion yuan in turnover. (Xueqiu) The chipmaker heads into Monday’s reopening under the spotlight, following a late-week surge back into semiconductor stocks. A storage-chip theme index gained 4.08% on Friday, hitting an all-time high, signaling investors chasing hardware momentum into the weekend. (STCN) Company filings added fuel to the rally. At
Microchip Technology stock price: Stifel’s $90 target and auto-flash tie-up put MCHP in focus

Microchip Technology stock price: Stifel’s $90 target and auto-flash tie-up put MCHP in focus

NEW YORK, Jan 17, 2026, 18:59 EST — Market closed. Microchip Technology Incorporated (MCHP.O) closed Friday 0.3% higher, at $74.70. The shares fluctuated between $74.35 and $75.69 during the session, with roughly 7.0 million shares traded. The chipmaker heads into a holiday-shortened week following a nearly flat finish for U.S. stocks on Friday, as chip shares gained ground late in the session. U.S. markets will be closed Monday for Martin Luther King Jr. Day. (Reuters) Tuesday’s reopening looks more promising than usual. Traders now have a couple of fresh analyst calls and a product-related statement to focus on, going beyond
KLA stock price holds near fresh highs after TSMC capex jolt; analysts lift targets ahead of earnings

KLA stock price holds near fresh highs after TSMC capex jolt; analysts lift targets ahead of earnings

NEW YORK, Jan 17, 2026, 4:43 PM EST — Market closed KLA Corp shares (KLAC.O) closed Friday at $1,567.82, marking a 1.48% gain following a 7.70% surge on Thursday. During the session, the stock hit a peak of $1,581.34. (Investing.com) The latest surge came as investors piled into chip-equipment stocks following Taiwan Semiconductor Manufacturing Co’s record profit report and its plan to spend $52 billion to $56 billion on capital expenditures in 2026. TSMC also projected revenue growth near 30% this year. CEO C.C. Wei admitted the company was “very nervous” about the hefty investment. (Reuters) Semiconductor tool shares saw
Amazon’s Europe-only AWS cloud launch puts cloud computing stocks in focus before Tuesday’s open

Amazon’s Europe-only AWS cloud launch puts cloud computing stocks in focus before Tuesday’s open

NEW YORK, Jan 17, 2026, 13:45 EST — Market closed Cloud computing stocks enter the extended U.S. weekend under fresh scrutiny after Amazon’s AWS rolled out a cloud service based solely in Europe. The move targets clients worried about data access and legal jurisdiction. (Reuters) The term “sovereign cloud” — which refers to keeping data and control within a given jurisdiction — is shifting from a niche preference to a must-have for certain regulated buyers. Investors are also pressing tougher questions about whether massive AI investments will deliver returns quickly enough. Markets shut Monday for Martin Luther King Jr. Day,
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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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