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Technology News 6 January 2026

Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

Why Western Digital stock is jumping today: WDC rides CES-fueled AI storage rally

Western Digital shares surged 15.8% to $217.54 Tuesday afternoon, leading gains in storage and memory stocks amid renewed AI-driven demand. Peers Sandisk, Seagate, and Micron also climbed sharply. CES headlines and executive remarks on AI infrastructure fueled the rally. Traders are watching Friday’s U.S. jobs report for signals on the Federal Reserve’s next move.
6 January 2026
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Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

Microchip Technology stock jumps 10% after MCHP boosts Q3 sales outlook

Microchip Technology shares jumped 10.2% to $73.93 after the company raised its fiscal Q3 net sales outlook to about $1.185 billion, above its prior forecast. CEO Steve Sanghi cited strong bookings and a higher March-quarter backlog. The company will release full results Feb. 5 and filed an 8-K update with regulators. Several analysts raised price targets following the announcement.
6 January 2026
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Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk shares surged 24% to $339.20 Tuesday, hitting a record $342.81 amid heavy trading tied to AI-driven demand for memory and storage. The move followed Sandisk’s launch of its Optimus SSD brand and comes ahead of key earnings updates from Samsung on Thursday and Sandisk on Jan. 29. Western Digital, Micron, and Seagate also posted strong gains.
6 January 2026
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Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm shares rose about 3% to $181.64 Tuesday after unveiling new PC and robotics chips at CES 2026. The company said its Snapdragon X2 Plus will power Windows Copilot+ PCs in 2026 and confirmed Toyota will use its Snapdragon Digital Chassis in the next RAV4. Semiconductor ETFs gained 2.7%. Investors await Qualcomm’s fiscal Q1 results on Feb. 4.
6 January 2026
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Palantir stock climbs after Truist opens coverage with $223 target as valuation stays in focus

Palantir stock climbs after Truist opens coverage with $223 target as valuation stays in focus

Palantir shares rose 2.6% to $178.59 Tuesday after Truist Securities initiated coverage with a buy rating and a $223 target. The move follows a 130% gain in 2025, drawing attention to the stock’s high valuation. Analysts’ average target is $186.81, with most rating it “hold.” Investors await Palantir’s next earnings date and Friday’s U.S. jobs report.
6 January 2026
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Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

Sandisk shares surged 22% to $335 in early U.S. trade Tuesday, driven by forecasts of rising NAND flash prices as AI data center demand outpaces supply. TrendForce expects NAND contract prices to jump up to 38% in the March quarter. Research notes flagged Sandisk’s premium valuation and projected over 45% revenue growth in 2026. Micron shares also rose about 7%.
6 January 2026
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Micron stock jumps nearly 8% on AI-driven memory crunch bets — what’s next for MU

Micron stock jumps nearly 8% on AI-driven memory crunch bets — what’s next for MU

Micron Technology shares jumped 7.7% to $336.11 Tuesday, hitting a record amid tight memory-chip supply and surging AI server demand. Samsung and Micron executives warned shortages could persist beyond 2026. TrendForce estimates some memory prices have more than doubled since last February. Wall Street expects Micron’s revenue to nearly double in fiscal 2026, with the next earnings update due in March.
6 January 2026
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Figure Technology Solutions stock (FIGR) hits a new high as rate-cut bets firm and crypto-linked names rally

Figure Technology Solutions stock (FIGR) hits a new high as rate-cut bets firm and crypto-linked names rally

Figure Technology Solutions (FIGR.O) climbed about 3% Tuesday, hitting a new 52-week high of $55.30 before easing to $54.86. The rally followed a Goldman Sachs note highlighting Figure among preferred crypto-linked financial stocks. Bitcoin traded near $94,070, while Coinbase and Robinhood shares also rose sharply. Investors are watching the Fed’s Jan. 27-28 meeting for signals on U.S. interest rates.
6 January 2026
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Innoviz stock jumps premarket as LiDAR maker adds camera to InnovizThree, touts Nvidia edge tie-up

Innoviz stock jumps premarket as LiDAR maker adds camera to InnovizThree, touts Nvidia edge tie-up

Innoviz shares jumped 7.3% to $1.32 in premarket trading Tuesday after unveiling a camera-integrated InnovizThree LiDAR and a smart sensor setup with Nvidia’s Jetson Orin Nano. About 206,000 shares traded. The company heads to CES 2026 this week. Innoviz also registered up to 16.96 million shares for its employee incentive plan Monday.
6 January 2026
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Microchip Technology stock jumps about 4% premarket after sales forecast boost

Microchip Technology stock jumps about 4% premarket after sales forecast boost

Microchip Technology shares rose 4.1% to $69.82 in premarket trading after the company raised its fiscal Q3 net sales outlook to about $1.19 billion, above its previous range. The stock closed Monday at $67.06, up 3.12%. CEO Steve Sanghi cited strong bookings and a higher starting backlog for the March quarter. JPMorgan raised its price target to $85 following the update.
6 January 2026
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AI ETFs before the bell: Nvidia CES chip push lifts funds as bubble warnings linger

AI ETFs before the bell: Nvidia CES chip push lifts funds as bubble warnings linger

Nvidia detailed its Vera Rubin AI platform at CES, while Intel launched its Panther Lake laptop chip tied to its 18A process. AI-focused ETFs traded mostly higher in premarket U.S. action; BOTZ rose 2.4%, AIQ gained 1.1%. Nvidia shares slipped 0.4%, AMD fell 1.1%. Traders are watching rate expectations ahead of Friday’s U.S. jobs report.
6 January 2026
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Kaynes Technology share price hits fresh 52-week low after Jefferies cuts target — what investors watch next

Kaynes Technology share price hits fresh 52-week low after Jefferies cuts target — what investors watch next

Kaynes Technology shares fell 5.2% to 3,791.40 rupees Tuesday, hitting a 52-week low after Jefferies cut its target price to 5,940 rupees. The stock has lost about 49% in three months. Investors await December-quarter results and updates on cash conversion, with the insider trading window closed until Jan. 30. The Nifty 50 ended down 0.27% at 26,178.
6 January 2026
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DroneShield stock jumps 18% as ASX:DRO taps Louis Gamarra as chief commercial officer

DroneShield stock jumps 18% as ASX:DRO taps Louis Gamarra as chief commercial officer

DroneShield shares surged 18.1% to A$3.91 in Sydney on Tuesday, with turnover more than doubling to 32 million shares. The company named Louis Gamarra chief commercial officer to lead global sales. The rally lifted the stock 27% above its Dec. 31 close, even as the broader ASX 200 fell 0.5%. Investors await the next earnings update for signs of sustained demand.
6 January 2026
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Stock Market Today

Real estate stocks rise as rate-cut bets return; XLRE ends at $41.99 ahead of payrolls and CPI

Real estate stocks rise as rate-cut bets return; XLRE ends at $41.99 ahead of payrolls and CPI

7 February 2026
U.S. real estate stocks rose Friday, with XLRE up 1.8% to $41.99 and VNQ and IYR each gaining 1.6%. The Dow closed above 50,000 for the first time as the 10-year Treasury yield ended at 4.206%. Bank of America downgraded Public Storage and Extra Space Storage, citing weak housing turnover and high borrowing costs. The delayed January jobs report is set for Feb. 11, with CPI due Feb. 13.
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