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Technology News 7 January 2026

Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

Ambarella shares fell 12.5% to $70.54 Wednesday afternoon after reversing sharply from a session high of $82.10, despite unveiling its new CV7 edge AI chip and a developer platform at CES. The drop outpaced the broader semiconductor index, which slipped 1.27%. Investors are weighing the impact of new products against uncertain near-term demand and the upcoming earnings report.
Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

Varonis shares rose 8.3% to $36.06 by midday Wednesday, outpacing the Nasdaq’s 0.7% gain. Cantor Fitzgerald cut its price target to $50 from $60 but maintained an Overweight rating, citing SaaS growth and strong net revenue retention. Investors are watching early February results for signs of recurring revenue and churn. The stock remains down nearly 35% over six months.
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 AI chips, the Information reported, as Beijing considers import rules. Nvidia executives say demand in China remains strong but export approvals are pending. The move comes as China pushes for domestic alternatives and tightens restrictions on foreign AI chips.
Uber stock gains as CES robotaxi testing update puts autonomy back in focus

Uber stock gains as CES robotaxi testing update puts autonomy back in focus

Uber shares rose 1.7% to $87.03 in midday New York trading after unveiling a robotaxi partnership with Lucid and Nuro at CES. The companies began autonomous road testing in December and plan a San Francisco Bay Area launch later in 2026. Lucid shares fell 5%, while Nvidia gained 1.6%. Investors are watching for regulatory updates and Uber’s February earnings report.
Google (Alphabet) GOOG stock rises as House tees up self-driving hearing; Waymo in focus

Google (Alphabet) GOOG stock rises as House tees up self-driving hearing; Waymo in focus

Alphabet Class C shares climbed 1.7% to $319.98 in morning trading Wednesday, outperforming a mixed U.S. market. A U.S. House subcommittee set a Jan. 13 hearing on draft bills to ease deployment of driverless vehicles, including raising the exemption cap to 90,000 per year. CES in Las Vegas drew attention to autonomous tech and AI, with Waymo and Nvidia in focus.
Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

Nvidia CEO Jensen Huang announced the Vera Rubin AI platform is in full production, with servers carrying 72 GPUs and 36 CPUs. AMD introduced MI455 and MI440X chips at CES, targeting AI customers including OpenAI, and previewed a 2027 MI500 series. Analysts’ price targets continue to favor Nvidia and AMD, while Intel’s outlook remains mixed despite a recent upgrade.
Sandisk stock dips today after Nvidia CES boost; BofA lifts SNDK target to $390

Sandisk stock dips today after Nvidia CES boost; BofA lifts SNDK target to $390

Sandisk shares fell 2.9% to $339.4 Wednesday morning after surging 27% Tuesday on AI-storage enthusiasm sparked by Nvidia’s CES remarks. Bank of America raised its price target to $390, citing strong NAND demand and rising prices. Western Digital dropped 10.2% and Seagate slid 8.9%. Investors await Sandisk’s Jan. 29 earnings for pricing and capacity updates.
NIO stock ticks up as CATL battery-swap pact, millionth-vehicle milestone hit tape

NIO stock ticks up as CATL battery-swap pact, millionth-vehicle milestone hit tape

NIO shares rose 0.2% to $4.79 in early New York trading after announcing a five-year battery partnership with CATL. The company marked its 1,000,000th vehicle in Hefei and set new growth and infrastructure targets. CATL said the deal will focus on longer-life batteries and battery-swap technology. Financial terms and rollout timelines were not disclosed.
Micron stock in focus as $100B New York “megafab” groundbreaking gets a date

Micron stock in focus as $100B New York “megafab” groundbreaking gets a date

Micron will break ground on its $100 billion New York megafab Jan. 16, aiming to build the largest U.S. semiconductor facility. Shares slipped 0.1% to $342.97 in early Nasdaq trading. Investors are watching AI-driven memory pricing and Micron’s capital spending plans ahead of its next update. Broader chip stocks fell, with the iShares Semiconductor ETF down 0.9% Wednesday morning.
Intel stock today: INTC steadies before the bell as CES “Panther Lake” chips put 18A under the microscope

Intel stock today: INTC steadies before the bell as CES “Panther Lake” chips put 18A under the microscope

Intel shares were flat in premarket trading Wednesday after closing up 1.7% at $40.04. At CES, Intel launched its first 18A-built laptop chip, Panther Lake, promising 60% better performance over the previous model. The company said pre-orders for Core Ultra Series 3 laptops began Jan. 6, with global availability set for Jan. 27. Investors await Intel’s next earnings report on Jan. 29.
Ondas (ONDS) stock slides in premarket as Needham conference and share-sale filings hit the tape

Ondas (ONDS) stock slides in premarket as Needham conference and share-sale filings hit the tape

Ondas Holdings shares fell 3.5% to $12.39 premarket Wednesday after announcing CEO Eric Brock will speak at Needham’s Growth Conference on Jan. 14, ahead of a Jan. 16 investor day focused on its 2026 outlook. Recent SEC filings show insider sale plans and a prospectus registering 2.4 million shares for resale, raising questions about share supply. The stock closed Tuesday at $12.84, near its 52-week high.
7 January 2026
Sandisk stock rockets as Nvidia’s CES message revives the AI storage trade

Sandisk stock rockets as Nvidia’s CES message revives the AI storage trade

Sandisk surged 27.6% to $349.63 on Tuesday, leading a rally in U.S. memory stocks after CES comments spotlighted storage as a bottleneck for AI. NAND flash prices have doubled since July, with suppliers sold out through 2026. Sandisk has gained two points of NAND market share in the past year. Investors await its Jan. 29 earnings for updates on SSD pricing and strategy.
CES 2026 highlights: Nvidia’s Vera Rubin AI chips and humanoid robots push tech into the real world

CES 2026 highlights: Nvidia’s Vera Rubin AI chips and humanoid robots push tech into the real world

Nvidia CEO Jensen Huang announced at CES 2026 that Vera Rubin AI chips are in full production, promising a five-fold boost in AI computing. AMD previewed MI500 chips shipping in 2027, while Intel launched Panther Lake Core Ultra Series 3 PC chips with up to 60% better performance. Hyundai said it will deploy Boston Dynamics’ Atlas robots at its Georgia plant from 2028.
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Stock Market Today

CleanSpark stock price jumps 22% after earnings and AI push — what CLSK traders watch next week

CleanSpark stock price jumps 22% after earnings and AI push — what CLSK traders watch next week

7 February 2026
CleanSpark shares jumped 22% to $10.08 Friday after quarterly results and an AI infrastructure update, following bitcoin’s rebound above $70,000. The company reported a quarterly net loss tied to bitcoin price swings and outlined plans to expand power capacity in Houston. Peers Marathon Digital and Riot Platforms also surged. Upcoming U.S. jobs and inflation data next week could add further volatility.
Nu stock jumps to $17.40 as traders eye Nubank’s next catalyst

Nu stock jumps to $17.40 as traders eye Nubank’s next catalyst

7 February 2026
Nu Holdings shares climbed 3.5% to $17.40 Friday, reversing Thursday’s loss, as the Dow closed above 50,000 for the first time. Nu recently received conditional approval from U.S. regulators to form a national bank, but still needs further sign-offs before launching. The company manages $38.8 billion in deposits and reports earnings Feb. 25.
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