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Technology News 17 January 2026

Micron stock jumps after insider buy as chip stocks brace for tariff headlines, Intel earnings

Micron stock jumps after insider buy as chip stocks brace for tariff headlines, Intel earnings

Micron shares jumped 7.8% after director Teyin M. Liu disclosed a $7.8 million stock purchase. Chip stocks weighed a new U.S.-Taiwan trade deal linking tariff cuts to U.S. production, with Taiwanese firms pledging $250 billion in U.S. investment. The iShares Semiconductor ETF rose 1.6%. U.S. markets reopen Tuesday; Intel reports Jan. 22.
Taiwan says U.S. chip deal won’t hollow out its tech sector as $500B tariff pact takes shape

Taiwan says U.S. chip deal won’t hollow out its tech sector as $500B tariff pact takes shape

Taiwan and the U.S. signed a $500 billion trade framework focused on semiconductors, with Taiwanese firms pledging at least $250 billion in direct U.S. investment and Taiwan’s government providing credit guarantees. TSMC has begun volume production at its Arizona plant and plans further expansion. The deal sets a maximum 15% U.S. tariff on Taiwanese goods, with exemptions for some products.
17 January 2026
Micron stock set for Tuesday test after $1.8 billion Taiwan fab deal

Micron stock set for Tuesday test after $1.8 billion Taiwan fab deal

Micron Technology signed an exclusive letter of intent to buy Powerchip’s P5 fab in Taiwan for $1.8 billion in cash, aiming to boost DRAM wafer output by late 2027. Shares jumped 7.8% to $362.75 on Friday. A Micron director bought 23,200 shares last week, raising their direct stake to 25,910. U.S. markets will close Monday for Martin Luther King Jr. Day; trading resumes Tuesday.
Broadcom stock jumps into long weekend as AVGO rebounds; Intel earnings and China VMware fallout in focus

Broadcom stock jumps into long weekend as AVGO rebounds; Intel earnings and China VMware fallout in focus

Broadcom shares closed up 2.6% at $351.71 Friday as chip stocks rallied, recovering from a midweek drop linked to China’s ban on VMware software. The Philadelphia SE Semiconductor index rose 1.2%. Investors are watching for Intel’s earnings and U.S. inflation data due Jan. 22. U.S. markets will be closed Monday for a holiday.
Microsoft stock price: MSFT faces Musk’s $134 billion claim ahead of Jan. 28 earnings

Microsoft stock price: MSFT faces Musk’s $134 billion claim ahead of Jan. 28 earnings

Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, alleging “wrongful gains” in a federal lawsuit set for jury trial in April. Microsoft shares closed up 0.7% at $459.86 Friday but remain down 3.6% for the week. Italy’s antitrust regulator opened a probe into Microsoft’s Activision Blizzard over mobile game sales tactics. U.S. markets will remain closed Monday for Martin Luther King Jr. Day.
Galaxy Digital stock jumps on Texas grid OK for Helios — what GLXY investors watch next

Galaxy Digital stock jumps on Texas grid OK for Helios — what GLXY investors watch next

Galaxy Digital shares rose 7.25% to $34.31 Friday after ERCOT approved an additional 830 MW of load for its Helios data center campus, pushing total capacity past 1.6 GW. The company also closed a $75 million tokenized CLO on Avalanche, expanding its onchain credit business. Trading volume fell to 15.5 million shares from 20.6 million the previous day. U.S. markets will remain closed Monday for Martin Luther King Jr. Day.
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Stock Market Today

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
NIO stock jumps on profit alert, with Monday’s open in focus

NIO stock jumps on profit alert, with Monday’s open in focus

7 February 2026
NIO shares jumped 7.23% to $5.04 Friday after the company forecast a swing to adjusted operating profit of up to 1.2 billion yuan for the fourth quarter. Trading volume reached 90.8 million shares, far above average. Nio’s deliveries rose 72% to 124,807 vehicles in the quarter. The company said results are preliminary and unaudited, with final figures due in March.
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