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Technology News 6 January 2026

Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

New York, Jan 6, 2026, 14:02 ET — Regular session Nvidia shares were little changed on Tuesday after Chief Financial Officer Colette Kress said U.S. officials were “working feverishly” on export licenses needed for the company to ship its H200 data-center chips to China, but timing remains unclear. Nvidia was up about 0.1% at $188.25 in afternoon trading. Reuters The remarks and product rollouts at the CES trade show have put a spotlight back on AI chip supply, export rules and the pace of data-center spending — variables that can swing expectations for 2026 earnings. The broader market was modestly
6 January 2026
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KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

New York, Jan 6, 2026, 13:26 EST — Regular session KLA Corp shares rose 3.4% to $1,398.66 in afternoon trading on Tuesday after Cantor Fitzgerald upgraded the $187 billion process-control toolmaker and lifted its price target. Cantor analyst C.J. Muse raised the rating to “overweight” from “neutral” and increased the target to $1,500 from $1,350, according to MarketScreener and StreetInsider. Cantor tied the call to an AI-led semiconductor upcycle that it said is becoming constrained by manufacturing capacity rather than demand, arguing KLA is positioned to benefit from heavier investment at advanced chipmaking nodes. KLA sells “process control” tools —
6 January 2026
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Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

New York, Jan 6, 2026, 13:08 EST — Regular session Western Digital shares jumped 15.8% to $217.54 in early afternoon trade on Tuesday, as investors piled back into data-storage names tied to AI infrastructure spending. AP News The move matters because storage and memory names have become a proxy for AI capital spending. Samsung co-CEO TM Roh called the current supply squeeze “unprecedented,” as makers divert capacity to high-bandwidth memory — specialized DRAM used in AI servers — and prices in some segments have more than doubled, TrendForce data show. Reuters Buying picked up as Wall Street weighed a fresh
6 January 2026
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Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

New York, January 6, 2026, 12:40 EST — Regular session Microchip Technology Incorporated (MCHP) shares rose 10.2% to $73.93 in midday trading on Tuesday after the chipmaker lifted its fiscal third-quarter net sales outlook in a late-Monday update. The company now expects net sales of about $1.185 billion for the quarter ended Dec. 31, 2025, above its earlier $1.109 billion to $1.149 billion forecast, and said it would not hold a conference call on the update, with full results due Feb. 5. CEO Steve Sanghi said “our bookings activity was very strong in the December quarter,” referring to new orders,
6 January 2026
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Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

New York, January 6, 2026, 12:25 PM EST — Regular session Shares of Zeta Global Holdings Corp jumped on Tuesday after the marketing software firm said it struck a partnership with OpenAI to power new AI capabilities in its Athena product. The stock was up 7.7% at $23.34 by midday in New York, after touching $24.28 earlier, while the S&P 500 was up about 0.3%. The move matters because marketing-tech companies are in a race to embed generative AI into tools that help brands target customers and tune ad spending in real time. Investors have been quick to re-rate smaller
6 January 2026
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Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

New York, Jan 6, 2026, 12:21 p.m. EST — Regular session Shares of Silicon Motion Technology Corporation (SIMO) climbed about 14% on Tuesday, touching an intraday high of $107.95 as the storage-chip supplier rode a broader bid for memory-linked names. At 12:21 p.m. EST, the Nasdaq-listed stock was up 14.1% at $106.77. The rally comes as investors price in a memory upcycle tied to demand from artificial intelligence servers, which has pushed chip prices higher and tightened supply. Market researcher TrendForce expects conventional DRAM contract prices to rise 55% to 60% this quarter, and said a DDR5 DRAM benchmark jumped
6 January 2026
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Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

NEW YORK, Jan 6, 2026, 11:42 EST — Regular session Sandisk Corp shares jumped about 24% on Tuesday to $339.20, after hitting a record $342.81, as investors piled into memory and data-storage names tied to artificial-intelligence spending. Western Digital climbed about 14%, Micron rose about 6%, and Seagate gained nearly 12%. The move underlined how quickly sentiment has turned back to the “memory” trade at the start of the year, with traders betting tight supply will keep pricing firm. Samsung co-CEO TM Roh told Reuters on Monday the shortage was “unprecedented,” as chipmakers divert capacity toward high-bandwidth memory (HBM), a
6 January 2026
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Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

New York, January 6, 2026, 11:52 EST — Regular session Western Digital Corp (WDC) shares rose 13.8% to $213.79 by 11:52 a.m. ET on Tuesday, after touching an intraday high of $215.33. The stock traded as low as $188.09 earlier in the session. The data-storage maker climbed with a broader rally in memory and storage stocks, led by SanDisk, which jumped to a record high. Reuters tracking showed peers Micron and Western Digital were also higher in early trade as chipmakers lifted the tech sector. Reuters The rally matters because storage names are increasingly treated as a read-through on AI
6 January 2026
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OneStream stock jumps 20% after report says Hg Capital in advanced takeover talks

OneStream stock jumps 20% after report says Hg Capital in advanced takeover talks

New York, Jan 6, 2026, 11:02 (EST) — Regular session Shares of OneStream Inc (OS) jumped on Tuesday after Bloomberg News reported buyout firm Hg Capital is in advanced talks to acquire the Nasdaq-listed financial software maker, citing people familiar with the matter. The stock was up about 21% at $22.32 in morning trade, compared with Monday’s close of $18.39, after earlier touching $24.00. Hg and OneStream did not immediately respond to a Reuters request for comment; the company’s market value stands at about $4.5 billion and its shares have fallen about 35% over the past year. Reuters A take-private
6 January 2026
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Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

LAS VEGAS, Jan 6, 2026, 07:27 PST Qualcomm (QCOM) shares rose about 3% on Tuesday after the chipmaker detailed new PC and robotics products at CES 2026, with the stock trading at $181.64 in morning deals. Semiconductor ETFs rose about 2.7% on the day. The CES push lands as Qualcomm tries to convince investors its growth can broaden beyond smartphones, even as the stock has trailed much of the sector. Shares have gained 8.2% over the past year versus 35.7% for the broader semiconductor industry, according to a Zacks note that also pointed to margin pressure and China-linked headwinds; Broadcom
6 January 2026
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Palantir stock climbs after Truist opens coverage with $223 target as valuation stays in focus

Palantir stock climbs after Truist opens coverage with $223 target as valuation stays in focus

New York, Jan 6, 2026, 10:47 EST — Regular session Palantir Technologies shares rose 2.6% to $178.59 in morning trading on Tuesday after Truist Securities initiated coverage of the data-analytics software maker with a buy rating and a $223 price target. The call lands after Palantir delivered a gain of more than 130% in 2025, turning the stock into a lightning rod for debates over how much AI-related growth is already priced in. That matters now because high-multiple software names can swing sharply on new analyst views and shifts in rate expectations. Yahoo Finance Truist said Palantir is positioned to
6 January 2026
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Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

NEW YORK, Jan 6, 2026, 10:27 EST Sandisk Corp shares were up about 22% at $335 on Tuesday after touching an intraday high of $337.51, extending a sharp rally in flash-memory and storage stocks tied to artificial intelligence data centers. The move follows fresh forecasts that memory pricing will keep rising as suppliers steer output toward server and AI hardware. TrendForce said NAND flash contract prices are expected to rise 33% to 38% from the prior quarter, while conventional DRAM contract prices are forecast to climb 55% to 60%. Source NAND flash is the non-volatile memory used in solid-state drives,
6 January 2026
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Stock Market Today

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

7 February 2026
Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

7 February 2026
PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.
Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

7 February 2026
Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
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