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Technology News 21 January 2026

AMD stock price jumps nearly 8% as board move and earnings countdown pull in buyers

AMD stock price jumps nearly 8% as board move and earnings countdown pull in buyers

AMD shares surged 7.8% to close at $250.02 Wednesday, outpacing the chip sector after Wall Street rebounded from a selloff. The company named former Accenture CFO KC McClure to its board and Audit and Finance Committee, granting her 1,278 restricted stock units. Traders are watching Intel’s earnings Thursday, with AMD set to report Feb. 3. Options volume on AMD more than doubled the daily average.
Analog Devices stock jumps 4% as BofA lifts target and chip shares rebound

Analog Devices stock jumps 4% as BofA lifts target and chip shares rebound

Analog Devices shares rose 4.1% to $307.85 Wednesday afternoon, rebounding from Tuesday’s tariff-driven selloff. Bank of America raised its price target for the stock to $350, citing strong demand and AI-related growth. The iShares Semiconductor ETF gained 4% as chip stocks rallied ahead of earnings season. Traders are focused on the Federal Reserve’s Jan. 27–28 meeting, with rates expected to hold steady.
Intel stock jumps nearly 9% as AI chip trade steadies; Nvidia rebounds

Intel stock jumps nearly 9% as AI chip trade steadies; Nvidia rebounds

Intel jumped nearly 9% to $52.92 Wednesday, outpacing Nvidia and AMD, as AI stocks rebounded after Wall Street’s sharpest drop in three months. Broadcom and Microsoft fell. The House Foreign Affairs Committee prepared to debate new controls on AI chip exports after Trump approved Nvidia shipments to China. SAP extended losses, hitting its lowest level since August 2024.
Marvell stock price rises after an early spike as chip shares rebound; Intel earnings next

Marvell stock price rises after an early spike as chip shares rebound; Intel earnings next

Marvell Technology shares rose 2.4% to $81.69 by 1:30 p.m. EST Wednesday, after reaching $84.27 earlier in volatile trading. CEO Matt Murphy and CFO Willem Meintjes disclosed handing back shares to cover tax withholding on vested stock awards, according to new Form 4 filings. The iShares Semiconductor ETF gained about 2.1%. No new earnings figures were released.
Western Digital stock jumps nearly 7% as Wall Street lifts targets ahead of earnings, Innovation Day

Western Digital stock jumps nearly 7% as Wall Street lifts targets ahead of earnings, Innovation Day

Western Digital shares jumped 6.9% to $238.39 Wednesday after Citi, UBS, and Bank of America raised price targets, citing strong cloud demand and tight drive supply. The company reports quarterly earnings Jan. 29 and will host an Innovation Day Feb. 3. Seagate shares also rose 3.1%. Investors are watching for updates on pricing, margins, and capacity bookings as data storage stocks rally.
Cisco stock price today: Why CSCO is steady after Tuesday’s slide

Cisco stock price today: Why CSCO is steady after Tuesday’s slide

Cisco shares rose 0.2% to $73.53 midday Wednesday, rebounding after a 2.45% drop in the previous session. The move followed news of a multi-year Wi‑Fi 7 contract with Georgetown University and comes ahead of Cisco’s upcoming earnings. Broader U.S. markets steadied as investors weighed Trump’s Davos remarks and tariff risks. About 6.3 million Cisco shares traded by late morning.
21 January 2026
Intel stock jumps nearly 10% as upgrades stack up ahead of earnings

Intel stock jumps nearly 10% as upgrades stack up ahead of earnings

Intel shares jumped about 10% by midday Wednesday after upgrades from Seaport and HSBC, pushing the stock to multi-year highs ahead of Thursday’s earnings report. Investors are focused on guidance, server-chip demand tied to AI, and foundry progress. Options markets anticipate an 8% swing after results. Morgan Stanley’s sector downgrade weighed on peers but did not halt Intel’s rally.
Texas Instruments stock price rises as chip shares rebound; TXN earnings next week in focus

Texas Instruments stock price rises as chip shares rebound; TXN earnings next week in focus

Texas Instruments shares rose 2.2% to $193.82 by midday Wednesday in New York, reversing some of Tuesday’s losses after tariff fears eased. Semiconductor ETFs also rebounded, with iShares Semiconductor ETF up 2.1% and VanEck Semiconductor ETF gaining 1.8%. Investors are watching Texas Instruments’ Jan. 27 earnings call for signs of industrial demand. Broader U.S. indexes edged higher after sharp declines Tuesday on new U.S. tariff threats.
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GE Vernova stock price jumps toward $800 — what to know before Monday trade

GE Vernova stock price jumps toward $800 — what to know before Monday trade

7 February 2026
GE Vernova shares jumped 5.7% to $779.35 Friday after Baird upgraded the stock and the Dow closed above 50,000. The company’s onshore wind unit reported 1.1 GW in U.S. repower orders for 2025, a figure previously disclosed. GE Vernova also completed a $2.6 billion senior notes offering to help fund its Prolec GE stake purchase. Next earnings report is set for April 22.
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