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Technology News News 7 January 2026 - 8 January 2026

KLA stock slides after-hours as chip gear names cool off; India R&D expansion in focus

KLA stock slides after-hours as chip gear names cool off; India R&D expansion in focus

New York, Jan 7, 2026, 19:14 EST — After-hours KLA Corp shares fell about 2.5% to $1,359.69 in after-hours trading on Wednesday, tracking a late-day pullback in semiconductor equipment stocks. Applied Materials, Lam Research and ASML also ended lower as the S&P 500 slipped and investors rotated back toward a narrow set of mega-cap AI names that lifted the Nasdaq, a Reuters report showed. Reuters That matters for KLA because it sits in the middle of chip-factory spending: it sells process-control tools that inspect wafers for defects and help chipmakers keep yields up. When the market’s mood swings on rates
8 January 2026
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Dell stock slides 3% after CES XPS comeback as memory costs loom

Dell stock slides 3% after CES XPS comeback as memory costs loom

NEW YORK, Jan 7, 2026, 19:14 EST — After-hours Dell Technologies Inc. (DELL) shares fell 3.1% to $120.07 in after-hours trade on Wednesday, down $3.87 from the prior close after touching a session low of $118.75. About 10.3 million shares changed hands; the S&P 500 tracker SPY slipped 0.3% while the Nasdaq 100 tracker QQQ edged up 0.1%. The drop lands as Dell tries to reset its consumer and gaming story at the CES trade show and investors argue over a familiar squeeze: higher parts costs, soft demand, and uneven pricing power in PCs. At CES in Las Vegas, Dell
8 January 2026
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Western Digital stock sinks after CES-fueled rally cools; WDC traders eye jobs data next

Western Digital stock sinks after CES-fueled rally cools; WDC traders eye jobs data next

New York, January 7, 2026, 16:54 EST — After-hours Western Digital Corp shares were down 8.9% at $199.88 in after-hours trading on Wednesday. The stock swung between $219.36 and $195.30 in the session. The pullback followed a burst of buying on Tuesday that sent storage-linked names to fresh highs after Nvidia’s Jensen Huang outlined new AI hardware and a new layer of storage technology at CES in Las Vegas. Western Digital rose 17% on Tuesday, while flash-memory spinoff SanDisk jumped more than 27% and peers Seagate Technology and Micron Technology also rallied. “I think we’re going to have a very
7 January 2026
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AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

New York, Jan 7, 2026, 4:33 PM EST — After-hours Advanced Micro Devices shares fell about 2% to $210.02 in after-hours trading on Wednesday, after trading between $207.23 and $213.95 during the day. The slide lands as investors pick through AMD’s CES headlines and try to square them with what matters most in the near term: orders, margins and whether demand holds up into the February earnings report. AMD said on Tuesday it will report fiscal fourth-quarter and full-year 2025 results on Feb. 3 after the market close, with a conference call set for 5 p.m. EST. Advanced Micro Devices,
7 January 2026
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Intel stock jumps after CES “Panther Lake” reveal puts 18A chipmaking plan back in play

Intel stock jumps after CES “Panther Lake” reveal puts 18A chipmaking plan back in play

New York, January 7, 2026, 16:27 EST — After-hours Intel shares were last up about 6.4% at $42.62 in after-hours trading on Wednesday, after swinging between $39.85 and $44.55 during the session on heavy volume. The move matters because 18A is not just a new chip line. It is the hinge on Intel’s pitch that it can build leading-edge chips in-house again and, over time, make chips for others as a foundry — contract manufacturing for outside customers. That puts execution under a harsher light than another product cycle. If the process slips, costs rise fast, and Intel risks giving
7 January 2026
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Amazon stock rises after Alexa.com CES 2026 debut as AWS self-driving deal grabs attention

Amazon stock rises after Alexa.com CES 2026 debut as AWS self-driving deal grabs attention

New York, January 7, 2026, 16:04 EST — After-hours Amazon.com shares rose on Wednesday after the company used the CES technology show to broaden its Alexa+ push, including a web rollout at Alexa.com alongside new device and partner tie-ins. The stock was last up 0.5% at $242.06, after trading between $239.52 and $245.28. About Amazon The timing matters because investors want proof that Amazon’s AI spending can translate into everyday usage — and eventually revenue — rather than demos. The web launch also puts Alexa+ in front of users who may not own an Echo device, as Amazon jockeys for
7 January 2026
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Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

NEW YORK, January 7, 2026, 16:02 EST — After-hours Microsoft Corp shares rose 1.0% to $483.51 in late trading on Wednesday, after touching a session high of $489.68, as money flowed back into AI-linked megacaps. The S&P 500 ended up 0.03% at 6,946.92 and the Nasdaq climbed 0.48%, with Nvidia and Alphabet among the leaders. Reuters The move matters because Microsoft stock has become a proxy for the “AI trade” — bets on companies expected to profit from the surge in spending on chips, cloud computing and software. Traders have been quick to fade and chase that theme, especially when
7 January 2026
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Apple stock dips as Alphabet briefly overtakes it in market value, with chip costs in focus

Apple stock dips as Alphabet briefly overtakes it in market value, with chip costs in focus

New York, Jan 7, 2026, 16:02 EST — After-hours Apple Inc (AAPL.O) shares fell 0.7% to $260.53 in late regular trade on Wednesday, still below their 52-week high of $288.62, with about 56 million shares changing hands. The dip left the iPhone maker briefly behind Alphabet as the No. 2 U.S. company by market value, trailing Nvidia, according to reports. Barron’s The shuffle matters because Apple and Alphabet sit at the center of U.S. equity indexes, where small moves can tilt benchmark performance. Alphabet rallied about 66% in 2025 versus Apple’s roughly 9% gain, helped by investor appetite for AI-related
7 January 2026
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Nvidia stock ends higher as China pauses H200 chip orders, keeping investors on edge

Nvidia stock ends higher as China pauses H200 chip orders, keeping investors on edge

NEW YORK, Jan 7, 2026, 16:02 (EST) — After-hours Nvidia Corp (NVDA) shares ended the day up about 0.9% at $188.92, after trading between $186.60 and $191.26, as investors digested a report that China has asked some domestic tech companies to halt orders for Nvidia’s H200 artificial-intelligence chips. Reuters The tug-of-war matters because Nvidia is trying to reopen a lucrative channel into China at a time when U.S. export controls and Chinese industrial policy are both shifting. A pause, even a temporary one, risks turning a high-profile restart into another stop-start cycle. Investing.com The near-term trigger is regulatory, not engineering.
7 January 2026
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D-Wave Quantum stock dips after $550m Quantum Circuits deal — what QBTS investors watch next

D-Wave Quantum stock dips after $550m Quantum Circuits deal — what QBTS investors watch next

NEW YORK, Jan 7, 2026, 15:17 EST — Regular session Shares of D-Wave Quantum (QBTS) were down about 1.1% at $30.93 on Wednesday afternoon, after the company agreed to acquire Quantum Circuits in a $550 million cash-and-stock deal. The stock swung between $32.15 and $30.44 earlier in the session, with roughly 29 million shares traded. The acquisition puts D-Wave, best known for quantum annealing systems used for optimization problems, closer to gate-model machines that run sequences of operations — the “gates” — and are viewed as more general-purpose. D-Wave said the $550 million price includes $300 million in stock and
7 January 2026
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Applied Materials stock pulls back from 52-week high as chip-tool trade cools

Applied Materials stock pulls back from 52-week high as chip-tool trade cools

New York, January 7, 2026, 15:04 EST — Regular session Applied Materials shares fell about 1.1% to $292.66 in afternoon trade on Wednesday, easing alongside other chip-equipment names. Lam Research and KLA were also lower, while Nvidia rose, and Applied traded between $286.90 and $295.05. The move matters because chip-tool makers have turned into a clean read on how long the industry’s spending cycle can run. Investors have piled in on the view that demand tied to artificial intelligence keeps chip plants busy and pushes customers to add capacity. Applied sells the machinery that helps make chips — deposition and
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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Stock Market Today

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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