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Notable tech headlines for the week: IBM, Meta, TSMC in focus

source: news (news:seeking-alpha)published 2026-07-18 14:10ingested 2026-07-18 14:58

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Notable tech headlines for the week: IBM, Meta, TSMC in focus

Jul 18, 2026, 10:10 AM ETState Street Technology Select Sector SPDR ETF (XLK), MU Stock, AMD Stock, IBM Stock, TSM Stock, GLW Stock, AAPL Stock, NVDA Stock, PANW Stock, OKTA Stock, MRVL Stock, CRWD Stock, PAYX Stock, ACN Stock, ADBE Stock, GDDY Stock, SNDK Stock, CIEN Stock, META Stock, ASML Stock, ANTHRO Stock, SWKS Stock, INTC StockWDCBy : Tiyashi Datta, SA News Editor

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The tech sector remained in focus this week as semiconductor stocks across global markets felt the pressure of an extended sell-off amid shifting market sentiment. Major tech players, including IBM (IBM), Sandisk (SNDK), and Western Digital (

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Shifting market sentiment and extended sell-off pressures have led to sharp declines in major semiconductor stocks like IBM, Sandisk, and Western Digital.

IBM's disappointing revenue and earnings, deal delays, and a downgrade from analysts contributed to a 25% stock plunge and negative investor sentiment.

Strong AI-driven demand has led Taiwan Semiconductor and ASML to raise growth and sales forecasts and boost capital expenditures and capacity expansion plans.

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