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Technology 4 January 2026

Marvell stock jumps 5% as CES 2026 CEO chat nears — what MRVL investors watch next

Marvell stock jumps 5% as CES 2026 CEO chat nears — what MRVL investors watch next

Marvell shares jumped 5.2% to $89.39 Friday, trading 15 million shares. CEO Matt Murphy will speak at a J.P. Morgan CES event on Jan. 6, with investors watching for data-center demand updates. The stock remains down about 25% over the past year but closed above its 50-day moving average. Marvell plans CES product demos and its next dividend has a Jan. 9 record date.
Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

The Philadelphia Semiconductor Index surged 4% Friday, leading Wall Street as Nvidia, Intel, and AMD shares climbed. The Dow gained 0.66%, S&P 500 rose 0.19%, and Nasdaq slipped 0.03%. President Trump blocked HieFo Corp’s $3 million acquisition of Emcore assets on national security grounds. Nvidia and AMD CEOs are set to speak at CES on Monday, with traders watching for signals on chip demand.
Sandisk stock jumps 16% after board move; SNDK earnings date now the next test

Sandisk stock jumps 16% after board move; SNDK earnings date now the next test

Sandisk shares jumped 15.9% to $275.24 at Friday’s close after the company named First Solar CFO Alexander R. Bradley to its board and audit committee. Trading volume more than doubled to 11.1 million shares. The move comes ahead of Sandisk’s fiscal Q2 earnings on Jan. 29. Sandisk split from Western Digital and joined the S&P 500 in late 2025.
Intel stock jumps 6.7% to start 2026 — CES “Panther Lake” debut is next catalyst for INTC

Intel stock jumps 6.7% to start 2026 — CES “Panther Lake” debut is next catalyst for INTC

Intel shares closed up 6.7% at $39.38 on Friday, ahead of its Core Ultra Series 3 processor launch at CES 2026 in Las Vegas. The rally followed news that Nvidia took a $5 billion stake in Intel and as chip stocks led the market higher. Intel’s new chips, built on its 18A process, go on sale in January. Investors are watching for updates at Monday’s CES event and monitoring macro data due next week.
Micron stock jumps 10% on Bernstein target hike as AI-memory bets carry into 2026

Micron stock jumps 10% on Bernstein target hike as AI-memory bets carry into 2026

Micron shares jumped 10.5% to $315.42 Friday after Bernstein raised its price target to $330, citing strong AI-driven demand for memory chips. The rally followed Micron’s record fiscal Q1 revenue and higher Q2 outlook. Trading volume surged, with the stock hitting a new 52-week high. Investors now await updates at CES in Las Vegas and Micron’s next earnings for signals on 2026 memory pricing.
Sandisk stock today: SNDK ends last session up nearly 16% after board pick, with traders eyeing Jan. 29 earnings

Sandisk stock today: SNDK ends last session up nearly 16% after board pick, with traders eyeing Jan. 29 earnings

Sandisk shares jumped 15.95% to $275.24 on Friday, leading gains among U.S.-listed storage and memory stocks. The company appointed Alexander R. Bradley, CFO of First Solar, to its board and audit committee, effective Dec. 30. Micron Technology rose 10.5%, Western Digital gained about 9%, and Seagate Technology added 4.4% in the same session. Sandisk reports fiscal Q2 results on Jan. 29.
Applied Digital stock jumps 14% as AI-linked names rebound; APLD earnings on Jan. 7

Applied Digital stock jumps 14% as AI-linked names rebound; APLD earnings on Jan. 7

Applied Digital shares surged 14.6% to $28.11 on Friday, trading over 36 million shares ahead of its Jan. 7 earnings release. The move followed renewed risk appetite in AI infrastructure stocks, with chipmakers also rallying. The company plans to spin off its cloud services business and has secured a loan facility for new data-center projects. Broader markets ended mixed, with the Dow and S&P 500 up, while the Nasdaq slipped.
Micron (MU) stock jumps 10% as Bernstein lifts target on AI-driven memory price upcycle

Micron (MU) stock jumps 10% as Bernstein lifts target on AI-driven memory price upcycle

Micron shares closed up 10.5% at $315.42 Friday after Bernstein raised its price target to $330, citing a record upcycle in memory pricing driven by AI demand. The Philadelphia Semiconductor Index rose about 4%. Bernstein expects strong memory prices through most of 2026. Investors are watching for signs of sustained pricing momentum in DRAM and HBM.
QBTS stock jumps as D-Wave Quantum rally puts CES 2026 and U.S. data in focus

QBTS stock jumps as D-Wave Quantum rally puts CES 2026 and U.S. data in focus

D-Wave Quantum shares jumped 7.6% to $28.13 Friday, with volume near 48 million. The stock traded between $25.44 and $28.42 as quantum-computing peers also advanced. Traders cited anticipation ahead of CES and key U.S. economic data next week. D-Wave remains unprofitable, with 2024 revenue of $8.83 million and a net loss of $143.88 million.
Nvidia stock starts 2026 higher as chipmakers rebound — what investors watch next for NVDA

Nvidia stock starts 2026 higher as chipmakers rebound — what investors watch next for NVDA

Nvidia shares rose 1.2% to $188.85 Friday, outperforming a flat Nasdaq as chip stocks rallied. The Philadelphia Semiconductor Index jumped 4%. An SEC filing showed Nvidia officer Donald F. Robertson Jr plans to sell up to 80,000 shares worth about $14.9 million. Investors are watching for Nvidia’s CES 2026 presentation and its next earnings report on February 25.
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Stock Market Today

  • Indian Stock Market Outlook June 8-12: Nifty Declines Amid Global Tech Sell-off, Geopolitical Risks
    June 7, 2026, 11:08 AM EDT. The Indian stock market extended losses for a second week, with Nifty falling 0.77% due to global tech sector correction and rising geopolitical tensions. Wall Street's tech stocks dropped sharply after Broadcom's cautious AI revenue guidance dampened investor sentiment. The RBI held interest rates steady but lowered GDP forecasts, citing global oil shocks and El Niño impacts. Meanwhile, U.S. proposed tariffs on Indian exports sparked caution among traders. The Indian rupee strengthened slightly, closing at 94.94 per dollar. Market participants remain watchful of ongoing US-Iran tensions and implications for global oil supply, which could influence domestic market trends in the week ahead.

Latest articles

BlackBerry Moves After Volatile Stretch — What’s Next for BB

BlackBerry Moves After Volatile Stretch — What’s Next for BB

7 June 2026
BlackBerry shares plunged 8.99% to $9.41 Friday amid a broad tech selloff, despite finishing the week up 4.6% as investors weigh strong QNX software growth against fears that the recent rally may have outpaced fundamentals ahead of June’s earnings update.
SoFi Drops, Eyes on Fintechs as Monday Looms

SoFi Drops, Eyes on Fintechs as Monday Looms

7 June 2026
SoFi plunged 12% last week to $16.03 as a hot U.S. jobs report sparked fears of higher rates and pressured growth stocks, overshadowing SoFi’s AI Coach launch and stablecoin push; investors now eye Wednesday’s inflation data and SoFi’s June 17 annual meeting for clues on whether new products can offset macro headwinds and tech-platform revenue declines.
Plug Power Stock Just Got Hit. Here’s What Could Move PLUG Next

Plug Power Stock Just Got Hit. Here’s What Could Move PLUG Next

7 June 2026
Plug Power shares plunged 10.69% Friday to $3.215, now 18.6% below their May 29 close, just days before a June 11 shareholder vote on adding 25 million shares to its stock plan—a move that could dilute existing investors if issued—while recent $39.2 million in tax credit sales added financial flexibility amid sector-wide selloffs and growing concerns over cash flow, capital, and market volatility.
Marvell Added to S&P 500 After AI Run, Shares Still Drop With Chips

Marvell Added to S&P 500 After AI Run, Shares Still Drop With Chips

7 June 2026
Marvell Technology will join the S&P 500 on June 22, creating forced demand from index funds, but shares plunged 16.7% Friday amid a chip-stock selloff, despite a 300% year-to-date gain and strong AI-driven results; risks include customer concentration and supply-chain constraints, with investors eyeing Monday’s market reaction.
Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

7 June 2026
Micron shares plunged 13.3% to $864.01 Friday, erasing $150 billion in value after a sector-wide chip selloff triggered by Broadcom and a strong U.S. jobs report; despite record revenue guidance and tight supply outlook, investor fears over rate hikes and overbought conditions upended the AI-memory trade, with Micron’s next financial update set for June 24.
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