New York, Feb 2, 2026, 1:18 PM ET — Regular session
- Impinj shares climbed roughly 8% by midday, bouncing back alongside chip stocks
- Tech stocks drive gains as Wall Street steadies, with investors shifting focus to a packed earnings schedule ahead
- Attention now shifts to Impinj, with its results and guidance due later this week
Impinj, Inc. (PI) shares jumped roughly 8% to $149.21 in afternoon trading Monday, after fluctuating between $135.01 and $149.89 earlier in the session. The Nasdaq-listed RFID chipmaker gained $11.11 from the previous close, kicking off the day at $136.35.
The rebound was part of a wider shift toward tech, with memory chip stocks and major players driving Wall Street back after a rocky start sparked by a steep drop in precious metals. “We’re heading into a new week with plenty of catalysts in front of us,” said Art Hogan of B. Riley Wealth, highlighting the market’s search for firmer ground. Reuters
Impinj faces a tricky moment: results are tight. The company set its Q4 and full-year 2025 earnings call for Feb. 5 at 5:00 p.m. ET, spotlighting its near-term guidance.
Macro tailwinds returned Monday, boosting markets after data revealed U.S. factory activity expanded in January. The ISM manufacturing PMI climbed to 52.6—above the 50 mark that indicates growth. New orders surged to 57.1, despite tariffs driving up input costs and tightening supply chains, the report noted.
Sentiment in semiconductors remains volatile, yet the AI-driven rally continues to support certain pockets. On Monday, TrendForce boosted its outlook for conventional DRAM contract prices, now forecasting a 90% to 95% surge in Q1 compared to the previous quarter, driven by mounting AI and data-center demand tightening supply.
Impinj isn’t a household name in memory, yet it often moves with chip stocks on days like today. The firm provides endpoint and reader integrated circuits leveraging RAIN RFID—a type of radio-frequency identification that tags and tracks goods like apparel, parts, and shipments—plus associated systems and software.
Thursday’s report will be closely watched for clues on how quickly item-level tagging is rebounding after a tough period in parts of the hardware supply chain. Details on customer inventory, pricing trends, and deployment speeds could prove just as important as the main figures.
However, the lead-up to earnings can go either way. If the company issues a cautious outlook, or if demand from retail and logistics clients weakens, the stock could take a hit. Signs that customers are delaying replacements would add pressure, particularly following a session marked by sharp intraday swings.
Traders are watching to see if Monday’s tech-driven rally can sustain itself amid this week’s earnings reports. Impinj’s next major event is its Feb. 5 earnings release and conference call, where management’s guidance will probably shape PI’s direction in the coming sessions and beyond.
