Sandisk Corporation stock steadies after CES-fueled spike as Jan. 29 earnings loom

Sandisk Corp shares were last up 1.2% at $353.56 in after-hours trading on Wednesday. Western Digital and Seagate slid 8.9% and 6.7%, but Sandisk held near the highs after a 27%+ jump on Tuesday tied to Nvidia CEO Jensen Huang’s CES remarks on a new layer of storage technology; it traded between $331.74 and $355.10 on Wednesday. Nvidia rose 1%, and “we’re going to have a very strong earnings season for Big Tech,” said Jed Ellerbroek at Argent Capital, pointing to higher capital spending. Reuters

Earnings Reports · NASDAQ:SNDK · Stock Market · Technology
Intel stock price forecast: INTC jumps on 18A chip rollout as a $50 target re-enters view

Intel stock price forecast: INTC jumps on 18A chip rollout as a $50 target re-enters view

Intel shares jumped 6.3% to $42.56 in afternoon trading on Wednesday, outpacing a slide in chip ETFs, as investors leaned into the company’s CES pitch that its new 18A manufacturing push is ready for prime time. The iShares Semiconductor ETF fell 1.2% and VanEck’s chip ETF slipped 0.7%, while the Nasdaq 100 ETF was modestly higher and the S&P 500 ETF edged down.
7 January 2026
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Meta stock price forecast: China review of Manus deal drags META as Wall Street targets $822

Meta stock price forecast: China review of Manus deal drags META as Wall Street targets $822

Meta Platforms shares fell about 1.7% to $649.66 on Wednesday afternoon after a report said Chinese officials are reviewing the company’s purchase of artificial intelligence startup Manus. The Financial Times said the review could hinge on whether the transaction required an export license under Chinese law; Meta and Manus did not respond to requests for comment. Reuters
7 January 2026
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Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

Broadcom shares rose 0.9% to $346.8 on Wednesday after a pricing term sheet showed the chipmaker locked in terms for a $4.5 billion, four-part senior notes sale. Coupons run from 4.3% due 2031 to 5.7% due 2056, with spreads of 60 to 88 basis points — 0.60 to 0.88 percentage point — over Treasuries. Broadcom estimated net proceeds of about $4.47 billion and said it plans to use the money for general corporate purposes and debt repayment, with closing set for Jan. 13.
7 January 2026
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China tells tech firms to pause Nvidia H200 orders — Beijing weighs homegrown AI chips

China tells tech firms to pause Nvidia H200 orders — Beijing weighs homegrown AI chips

Chinese authorities have told some tech firms to stop placing new orders for Nvidia’s H200 artificial-intelligence chips this week, the Information reported, as Beijing weighs whether to let the processors into the country. The move appears aimed at stopping companies from rushing to stockpile U.S. chips before officials settle on rules, and could be followed by a push to buy domestic AI processors instead, the report said. “China is committed to basing its national development on its own strengths,” Liu Pengyu, a spokesperson for the Chinese Embassy in the United States, said. Reuters
7 January 2026
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