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Technology News 13 January 2026

Navitas Semiconductor stock slides 7% as NVTS swings ahead of CEO’s Needham conference slot

Navitas Semiconductor stock slides 7% as NVTS swings ahead of CEO’s Needham conference slot

Navitas Semiconductor shares dropped 7.1% to $9.69 in late-morning New York trading Tuesday after an early surge faded. The move contrasted with modest gains in chip-sector ETFs and losses in the broader market. Traders are watching for signals from management at Wednesday’s scheduled investor conference appearance. No new company news was released Tuesday.
Alphabet stock cracks $4 trillion as Apple taps Gemini for Siri overhaul

Alphabet stock cracks $4 trillion as Apple taps Gemini for Siri overhaul

Alphabet’s market value briefly reached $4 trillion Monday after announcing a multi-year AI deal with Apple to integrate Google’s Gemini models into Siri. Shares hit a record $334.04 before retreating. Google Cloud revenue rose 34% in Q3, while chip rental deals and ad sales fueled further growth. Alphabet overtook Apple in market cap last week for the first time since 2019.
SanDisk (SNDK) stock slips in early trade as AI-storage rally cools; earnings ahead

SanDisk (SNDK) stock slips in early trade as AI-storage rally cools; earnings ahead

Sandisk shares fell 1.2% to $384.53 in Tuesday morning trading, paring gains from an earlier rally this month. Traders are focused on the company’s Jan. 29 earnings for updates on NAND flash pricing and margins. Micron dropped about 2%, Western Digital slipped 0.5%, and Seagate was flat. Sandisk has become one of the most volatile storage stocks since its spinoff from Western Digital.
Why Super Micro (SMCI) stock is sliding as Wall Street digests CPI and its NRF retail AI pitch

Why Super Micro (SMCI) stock is sliding as Wall Street digests CPI and its NRF retail AI pitch

Super Micro Computer shares fell 2.6% to $29.33 in early New York trading Tuesday after U.S. inflation data met forecasts and investors retreated from high-growth hardware stocks. The company is showcasing new AI-driven “intelligent store” systems at the NRF retail conference, leveraging NVIDIA technology. Peers traded mixed, with Nvidia down 0.3% and Dell up 1%. Investors await updates at a panel later Tuesday.
AMD stock jumps on KeyBanc upgrade as analyst flags tight 2026 server CPU supply

AMD stock jumps on KeyBanc upgrade as analyst flags tight 2026 server CPU supply

AMD jumped 5.6% to $219.37 in early Tuesday trading after KeyBanc upgraded the stock to “Overweight,” citing strong cloud demand and rising memory prices. Analyst John Vinh said AMD’s server CPUs are nearly sold out for 2026. The company reports earnings Feb. 3. Broader tech shares moved after December CPI data showed a 0.3% monthly rise, with core inflation up 0.2%.
Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

Micron shares rose 0.2% to $345.87 Tuesday after KeyBanc raised its price target to $450, citing strong demand from major cloud clients and tight memory supply. Bank of America also lifted its target to $400. SK Hynix announced a $12.9 billion chip-packaging investment, underscoring rising demand for high-bandwidth memory. Traders are watching memory prices and upcoming earnings for signs of continued supply pressure.
Nvidia stock barely budges after H200 China payment reset; Lilly AI lab plan in focus

Nvidia stock barely budges after H200 China payment reset; Lilly AI lab plan in focus

Nvidia said it will not require upfront payment for H200 AI chips, countering reports of stricter terms for Chinese buyers. Shares edged up 0.03% to $184.94 in early New York trading. Investors remain focused on China sales and the company’s Feb. 25 earnings for updates on demand and margins. Chip sector peers posted mixed results as U.S. inflation data met forecasts.
Intel stock slips premarket despite KeyBanc upgrade as traders eye Jan. 22 earnings

Intel stock slips premarket despite KeyBanc upgrade as traders eye Jan. 22 earnings

Intel shares fell 3.3% to $44.06 in premarket trading Tuesday despite a KeyBanc upgrade to Overweight and a $60 target, citing strong server chip demand and improved 18A yields. KeyBanc said Intel is largely sold out of server CPUs for 2026 and may raise prices 10–15%. Investors await Intel’s Jan. 22 earnings for updates on pricing and foundry progress. AMD rose 2.2% after a similar upgrade.
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AT&T stock price: T slips after $6.5B bond sale as payrolls, CPI loom next week

AT&T stock price: T slips after $6.5B bond sale as payrolls, CPI loom next week

7 February 2026
AT&T shares closed down 0.7% at $27.13 on Friday, underperforming the S&P 500’s 1.97% gain. The company completed a $6.5 billion global notes sale this week, with maturities from 2031 to 2056 and coupons between 4.4% and 6%. Investors await delayed U.S. jobs and inflation data, along with T-Mobile’s upcoming earnings update.
GE Vernova stock price jumps toward $800 — what to know before Monday trade

GE Vernova stock price jumps toward $800 — what to know before Monday trade

7 February 2026
GE Vernova shares jumped 5.7% to $779.35 Friday after Baird upgraded the stock and the Dow closed above 50,000. The company’s onshore wind unit reported 1.1 GW in U.S. repower orders for 2025, a figure previously disclosed. GE Vernova also completed a $2.6 billion senior notes offering to help fund its Prolec GE stake purchase. Next earnings report is set for April 22.
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