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Technology News 7 January 2026

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

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

Sandisk shares climbed 1.2% to $353.56 in after-hours trading Wednesday, outperforming Western Digital and Seagate, which fell sharply. The stock extended gains after Nvidia CEO Jensen Huang’s CES remarks on new storage technology. Investors await Sandisk’s Jan. 29 results for updates on NAND pricing and AI demand. Sandisk completed its split from Western Digital in February 2025.
7 January 2026
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Alphabet’s GOOG stock overtakes Apple in market value — what investors watch next

Alphabet’s GOOG stock overtakes Apple in market value — what investors watch next

Alphabet’s Class C shares jumped 2.5% after hours Wednesday, pushing the company’s market value above Apple’s for the first time since 2019. The move followed a price-target hike from Canaccord and renewed investor interest in AI stocks. Apple shares slipped, while Nvidia also gained. Investors now await Friday’s U.S. jobs report and Alphabet’s next earnings in early February.
7 January 2026
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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 climbed 6.3% to $42.56 Wednesday after the company launched its Core Ultra Series 3 chips at CES, built on the new 18A manufacturing node. The move outpaced declines in major chip ETFs. Melius Research upgraded Intel to “buy” with a $50 target, though average analyst targets remain below the current price. Intel said systems with the new chips will be available globally starting January 27.
7 January 2026
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Salesforce stock rises as tech steadies after soft jobs data; CRM investors eye Friday payrolls

Salesforce stock rises as tech steadies after soft jobs data; CRM investors eye Friday payrolls

Salesforce shares rose 1.6% to $267.13 in afternoon trading Wednesday, with about 3.7 million shares exchanged. The move followed volatile trading as investors weighed weaker-than-expected U.S. private payrolls data and awaited Friday’s jobs report. Salesforce is set to pay a $0.416 per share dividend on January 8. Traders are watching the pace of the company’s AI monetization into 2026.
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 after the company priced a $4.5 billion, four-part senior notes sale for debt repayment, with closing set for Jan. 13. The chipmaker also launched new Wi‑Fi 8 chips targeting AI tasks in home networks. Traders are watching support in the mid-$340s and a possible $350 retest ahead of the next earnings update.
7 January 2026
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AMD stock forecast: Shares dip as CES AI-chip rollout meets profit-taking ahead of Feb. 3 earnings

AMD stock forecast: Shares dip as CES AI-chip rollout meets profit-taking ahead of Feb. 3 earnings

AMD shares fell 2.4% to $209.26 in Wednesday afternoon trading, trailing gains in Nvidia and Intel after AMD’s CES launch of new AI chips. The company will report fiscal Q4 and full-year 2025 results on Feb. 3. Investors are watching for guidance on AI chip shipments and margins. Intel unveiled new laptop chips at CES, intensifying competition.
7 January 2026
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Marvell stock slides after $540 million XConn deal — here’s what Wall Street is pricing in

Marvell stock slides after $540 million XConn deal — here’s what Wall Street is pricing in

Marvell shares fell about 4% to $84.57 Wednesday afternoon, reversing gains after announcing a $540 million deal to acquire XConn Technologies. The company expects XConn’s products to add revenue starting in the second half of fiscal 2027. Investors are focused on the delayed revenue impact and execution risks. The drop outpaced broader chip sector declines.
7 January 2026
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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.
7 January 2026
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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.
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 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.
7 January 2026
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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.
7 January 2026
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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.
7 January 2026
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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.
7 January 2026
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Stock Market Today

SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

7 February 2026
SAP SE closed at 171.22 euros on Xetra Friday, up 0.43%, after disclosing its treasury shares rose above 5% of capital, reaching 61,737,035 shares. The increase follows the launch of a buyback plan worth up to 2.6 billion euros through July 2026. SAP’s U.S. shares finished at $203.34. Investors await SAP’s Integrated Report on Feb. 26 and next results on April 23.
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