Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Zhongji Innolight Dips Ahead of Earnings Amid AI Infrastructure Focus
Zhongji Innolight shares fell nearly 4% on Friday despite forecasting a potential 128% profit surge for 2025, with traders eyeing supply constraints and upcoming results.
AMD Surges 8% in Friday Rebound as AI Chip Rally Gains Steam
AMD shares jumped 8.3% to $208.44, leading a semiconductor rally fueled by optimism over sustained AI infrastructure spending. Investors now eye upcoming economic data and Nvidia's earnings.
Intel Shares Surge on AI Demand and China Supply Constraints
Intel stock climbed nearly 5% to $50.59 as AI-driven data center spending boosts chip sector. Supply delays in China and a potential investment in AI startup SambaNova Systems add momentum.
Micron Shares Rally on UBS Target Boost, Memory Shortage Seen Extending to 2027
Micron Technology stock gained 3.1% to close at $394.69 after UBS raised its price target to $450, citing memory supply constraints that may persist through 2027.
TSMC Shares Surge on Renewed AI Infrastructure Spending Optimism
TSMC's U.S.-listed shares jumped 5.5% Friday as semiconductor stocks rallied, fueled by renewed investor confidence in AI-related capital expenditure. The chipmaker will report January sales figures on February 10.
KLA Leads Chip Equipment Surge on Amazon Capex Boost
KLA Corp shares rallied 8.4% to $1,442.95, leading chip-equipment stocks higher after Amazon announced a major increase in capital spending. The PHLX Semiconductor Index gained 5.7%.
Texas Instruments Lags Chip Rally as Investors Eye Acquisition and Spending Plans
Texas Instruments shares declined 1.13% on Friday, underperforming a broader semiconductor surge. The company's annual report outlined 2025 revenue of $17.68 billion and reduced 2026 capital expenditure plans.
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.
CATL Gains on Sodium-Ion Battery Partnership with Changan Ahead of Earnings
CATL shares advanced 1.7% in Shenzhen as the battery maker's sodium-ion collaboration with Chanan Auto drew investor focus. Attention now turns to Monday's market reopening and the upcoming March earnings report.
Intel Surges 4.9% to $50.59 Amid AI Investment Buzz, China Supply Concerns
Intel shares rallied nearly 5% to $50.59 Friday as reports of server chip shortages in China and a planned AI investment attracted buyers. Key U.S. economic data due next week could impact tech stocks.
Alibaba's AI App Surge Drives Stock Gains Ahead of Earnings
Alibaba's U.S.-listed shares rose 3% after its Qwen AI app giveaway triggered massive demand and service disruptions in China. Investors now await the company's February 19 earnings report.