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Technology News 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

New York, Jan 17, 2026, 12:43 p.m. ET — Market closed. Micron Technology revealed Saturday it has signed an exclusive letter of intent to acquire Powerchip Semiconductor Manufacturing Corp’s P5 fab in Tongluo, Taiwan, for $1.8 billion in cash. The 300-millimeter (12-inch) facility spans a 300,000-square-foot cleanroom and is set to strengthen Micron’s strategic ties with PSMC. The deal is expected to close by Q2 2026, pending final agreements and regulatory clearance. Micron projects the site will boost DRAM wafer output starting in the second half of 2027. Shares rose 7.8% to $362.75 on Friday. COO Manish Bhatia said the
Cisco stock ends week little changed as Cisco flags critical email-security fix, AI Summit next

Cisco stock ends week little changed as Cisco flags critical email-security fix, AI Summit next

New York, January 17, 2026, 12:04 EST — The market is now closed. Cisco Systems Inc shares slipped 0.08% to $75.19 on Friday, as the market geared up for a lengthy U.S. holiday weekend. Investors focused on a recent security update and several upcoming company events. The stock’s shift was small, yet the context remains heavy. Cisco provides networking and security equipment to major enterprises, and investors are swift to react to any signal suggesting broader operational risks—or, conversely, an influx of forced upgrades. Cisco announced software updates to fix a critical vulnerability linked to an ongoing attack targeting certain
Micron stock price jumps on insider buy and $100B New York “megafab” — what to watch next week

Micron stock price jumps on insider buy and $100B New York “megafab” — what to watch next week

New York, Jan 17, 2026, 10:55 EST — Market closed. Micron Technology (MU.O) closed Friday 7.8% higher, at $362.75. Shares fluctuated between $346.65 and $365.59, with roughly 48 million traded. This move is crucial as Micron stands at the heart of investor bets on memory prices and AI-driven chip demand. High-bandwidth memory, a premium DRAM variant paired with AI processors, has turned into a major swing factor for the sector. The week kicks off shortened by the Martin Luther King Jr. Day holiday, with U.S. markets closed Monday. Earnings season is picking up steam, while chip stocks remain under the
ASML stock closes higher after TSMC capex jolt — now the Jan. 28 earnings test

ASML stock closes higher after TSMC capex jolt — now the Jan. 28 earnings test

Amsterdam, Jan 17, 2026, 16:37 CET — The market has closed. ASML Holding shares closed Friday at 1,167.20 euros on Euronext Amsterdam, rising 1.55% for the session. The chip-equipment giant had surged 6.01% the day before. (Investing.com) The rally picked up speed after Taiwan Semiconductor Manufacturing Co boosted its 2026 capital spending forecast to $52 billion-$56 billion, well above analysts’ $46 billion estimate. Investors saw this as a clear sign of stronger chip-tool demand. ASML’s market cap surged past $500 billion on Thursday. Michael Roeg of Degroof Petercam called the plan “great for equipment vendors in 2026” and predicted it
Samsung Electronics stock flirts with 150,000 won as chip rally drives Seoul — what to watch next week

Samsung Electronics stock flirts with 150,000 won as chip rally drives Seoul — what to watch next week

Seoul, Jan 18, 2026, 00:24 KST — The market has closed. Samsung Electronics Co., Ltd. shares closed Friday just shy of 150,000 won, gaining 3.47% to finish at 148,900 won. The stock fluctuated between 144,300 and 149,500 won during the session. Trading volume hit roughly 30.0 million shares, with markets closed over the weekend. (Yahoo Finance) This shift is crucial since Samsung now anchors Seoul’s rally. When Samsung surges, the index follows—drawing even more cash into the already crowded memory chip trade linked to AI investment. South Korea’s Kospi hit a fresh high of 4,840.74 on Friday, climbing 0.9% and
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

NEW YORK, Jan 17, 2026, 09:37 (EST) — Market closed. Broadcom Inc shares (AVGO.O) closed Friday roughly 2.6% higher at $351.71, having fluctuated between $344.27 and $354.30 during the session. With U.S. markets now closed for the weekend, chip stocks have regained their momentum. U.S. stocks closed almost unchanged after a volatile day, while semiconductors showed strength. The Philadelphia SE Semiconductor index rose 1.2%. Anthony Saglimbene, chief market strategist at Ameriprise Financial, noted, “To finish the week around flat with the S&P 500 still within spitting distance of 7,000 – most investors will take that as a win.” (Reuters) Broadcom’s
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

New York, Jan 17, 2026, 09:35 EST — Market closed. Microsoft (MSFT) shares are heading into next week with a new legal cloud looming. Elon Musk claims he’s after as much as $134 billion from OpenAI and Microsoft over what he calls “wrongful gains.” Musk told a federal court that OpenAI made between $65.5 billion and $109.4 billion, while Microsoft pulled in $13.3 billion to $25.1 billion from his early backing. The case is set for a jury trial in April. Friday’s session saw MSFT gain 0.7%, closing at $459.86, though it’s still down roughly 3.6% on the week. (Reuters)
Google stock (GOOG) heads into a long weekend after fresh antitrust filing — what to watch next

Google stock (GOOG) heads into a long weekend after fresh antitrust filing — what to watch next

New York, Jan 17, 2026, 09:35 EST — Market closed. On Friday, Google requested a U.S. judge to halt a data-sharing order tied to its search antitrust case, arguing against handing over data to rivals — including generative AI companies like OpenAI, the creator of ChatGPT — during its appeal, court documents revealed. Alphabet’s Class C shares (GOOG) dropped $2.79, or roughly 0.8%, closing at $330.34. (Reuters) For the stock, this brings the remedy phase back into focus. The trial isn’t about what Google has done; it’s about what it has to change, and how quickly — with “remedies” referring
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

NEW YORK, Jan 17, 2026, 08:41 EST — The market has shut down for the day. Galaxy Digital (GLXY) shares climbed 7.25% Friday, closing at $34.31 on Nasdaq after fluctuating between $32.38 and $34.73. On Thursday, the stock finished at $31.99, with volume dropping to roughly 15.5 million shares from around 20.6 million the previous day. (Galaxy Digital Inc.) Galaxy followed up with an update on its Helios data center campus in West Texas, revealing that ERCOT, the grid manager, has greenlit an extra 830 megawatts of computing demand—a key measure of electrical load. This boosts Helios to over 1.6
Riot Platforms stock jumps 16% on AMD data-center lease — what to watch next week

Riot Platforms stock jumps 16% on AMD data-center lease — what to watch next week

New York, January 17, 2026, 08:07 EST — The market has closed. Riot Platforms (RIOT.O) shares jumped 16.1% to close at $19.24 on Friday, following news of a long-term data-center lease deal with Advanced Micro Devices (AMD.O) and a land acquisition in Texas. AMD shares gained 1.7%. Riot’s volume hit roughly 54 million shares. (GlobeNewswire) Bitcoin miners are making moves to convert their sizable power assets into more reliable income streams, tapping into demand from artificial-intelligence servers and other high-performance computing setups that require heavy electricity and space use. (Barron’s) Riot expects the deal to generate around $311 million in
Riot Platforms stock jumps on $311 million AMD data center lease — what RIOT investors watch next week

Riot Platforms stock jumps on $311 million AMD data center lease — what RIOT investors watch next week

New York, Jan 17, 2026, 07:03 EST — The market has closed. Riot Platforms shares surged Friday after the bitcoin miner announced it signed its first data center lease with Advanced Micro Devices and purchased the land beneath its Rockdale, Texas facility. The stock closed at $19.24, rising roughly 16% on heavy volume. This move is significant because Riot aims to repurpose its energy-intensive bitcoin mining sites into data centers geared for high-performance computing — the kind of capacity AI workloads demand — rather than relying solely on crypto cycles. Investors will get their first real glimpse of this pivot
Super Micro stock jumps 11% as chip rally returns — what SMCI investors watch next week

Super Micro stock jumps 11% as chip rally returns — what SMCI investors watch next week

New York, January 17, 2026, 06:31 EST — Market closed. Shares of Super Micro Computer surged 11% on Friday, closing at $32.64. The rally came amid renewed buying interest in chip-related stocks, sparked by Taiwan Semiconductor Manufacturing Co’s upbeat outlook, which helped steady investor confidence in AI infrastructure spending. (Nasdaq) This move is crucial since SMCI occupies a tricky spot in the AI rollout: it provides the server systems that host the latest chips, yet its stock often acts like a leveraged play tied to daily chip cycle swings. Following a rocky January start, trading volume remains light. Friday’s jump
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Stock Market Today

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

7 February 2026
Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

7 February 2026
PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.
Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

7 February 2026
Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
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