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TWSE:2344.TW News 19 January 2026

Winbond Electronics stock price jumps as Morgan Stanley target hike fuels Taiwan memory rally

Winbond Electronics stock price jumps as Morgan Stanley target hike fuels Taiwan memory rally

Taipei, Jan 19, 2026, 09:53 GMT+8 — The regular session is underway. Taiwan’s Winbond Electronics Corp (2344.TW) shares jumped Monday amid renewed investor interest in the island’s memory chip sector. By 9:50 a.m. local time, Winbond was up 7.98% at NT$115.0, having hit a high of NT$117.0. Trading volume stood at roughly 25.4 million shares, down from 50.1 million in the previous session. (Yahoo Finance) Morgan Stanley bumped its price target on Winbond to NT$130 from NT$88, signaling confidence in “legacy” memory like DDR3/DDR4 DRAM and NOR flash. The bank sees no reason to turn cautious here, citing tightening supply

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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