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Artificial Intelligence News 7 January 2026

AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

New York, Jan 7, 2026, 4:33 PM EST — After-hours Advanced Micro Devices shares fell about 2% to $210.02 in after-hours trading on Wednesday, after trading between $207.23 and $213.95 during the day. The slide lands as investors pick through AMD’s CES headlines and try to square them with what matters most in the near term: orders, margins and whether demand holds up into the February earnings report. AMD said on Tuesday it will report fiscal fourth-quarter and full-year 2025 results on Feb. 3 after the market close, with a conference call set for 5 p.m. EST. Advanced Micro Devices,
7 January 2026
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Amazon stock rises after Alexa.com CES 2026 debut as AWS self-driving deal grabs attention

Amazon stock rises after Alexa.com CES 2026 debut as AWS self-driving deal grabs attention

New York, January 7, 2026, 16:04 EST — After-hours Amazon.com shares rose on Wednesday after the company used the CES technology show to broaden its Alexa+ push, including a web rollout at Alexa.com alongside new device and partner tie-ins. The stock was last up 0.5% at $242.06, after trading between $239.52 and $245.28. About Amazon The timing matters because investors want proof that Amazon’s AI spending can translate into everyday usage — and eventually revenue — rather than demos. The web launch also puts Alexa+ in front of users who may not own an Echo device, as Amazon jockeys for
7 January 2026
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Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

NEW YORK, January 7, 2026, 16:02 EST — After-hours Microsoft Corp shares rose 1.0% to $483.51 in late trading on Wednesday, after touching a session high of $489.68, as money flowed back into AI-linked megacaps. The S&P 500 ended up 0.03% at 6,946.92 and the Nasdaq climbed 0.48%, with Nvidia and Alphabet among the leaders. Reuters The move matters because Microsoft stock has become a proxy for the “AI trade” — bets on companies expected to profit from the surge in spending on chips, cloud computing and software. Traders have been quick to fade and chase that theme, especially when
7 January 2026
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BBAI stock price forecast: BigBear.ai slips under $6 as downgrade meets Jan. 16 note deadline

BBAI stock price forecast: BigBear.ai slips under $6 as downgrade meets Jan. 16 note deadline

New York, Jan 7, 2026, 15:30 ET — Regular session Shares of BigBear.ai Holdings slid about 6.6% to $5.99 on Wednesday afternoon, as a brokerage downgrade cooled sentiment in the small-cap AI name. The stock was down about 42 cents from the prior close of $6.41 and traded between $5.99 and $6.35 in the session. Google The timing matters because BigBear.ai is heading into a Jan. 16 redemption of its 6% convertible notes due 2029 — debt that can turn into stock. The company said it expects to eliminate about $125 million of debt largely through conversions and plans to
7 January 2026
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Microsoft stock price forecast: MSFT climbs as AI trade returns — payrolls and earnings in focus

Microsoft stock price forecast: MSFT climbs as AI trade returns — payrolls and earnings in focus

NEW YORK, January 7, 2026, 15:29 (EST) — Regular session Microsoft (MSFT) shares rose 1.2% to $484.34 in afternoon trading on Wednesday, keeping pace with a renewed bid for big-cap tech. The stock ended Tuesday at $478.51. The move comes as investors rotate back into stocks tied to artificial intelligence, after recent hand-wringing over stretched valuations. The Nasdaq was up 0.48% and the S&P 500 was up 0.03%, with Microsoft among the AI-linked names leading gains. “Investors have come into 2026 with a similar playbook to last year: Buy tech and forget about it,” Jake Dollarhide, chief executive of Longbow
7 January 2026
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Seagate (STX) stock slides as AI storage rally cools after record run

Seagate (STX) stock slides as AI storage rally cools after record run

New York, Jan 7, 2026, 14:02 ET — Regular session Shares of Seagate Technology Holdings plc fell about 7% on Wednesday, giving back part of a sharp rally that pushed the data-storage maker to record highs a day earlier. The stock was down around 7.2% at $306.74 in afternoon trading, after dipping to roughly $299. Tuesday’s jump put Seagate in the middle of a broader bid for “AI infrastructure” names after Nvidia CEO Jensen Huang spoke at the Consumer Electronics Show in Las Vegas. Seagate gained 14% in that session as SanDisk jumped more than 27% and Western Digital rallied
7 January 2026
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China pauses Nvidia H200 AI chip orders as CES 2026 fuels data-center rush

China pauses Nvidia H200 AI chip orders as CES 2026 fuels data-center rush

BEIJING, January 8, 2026, 01:39 (GMT+8) Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200, a high-end graphics processing unit used to train and run AI models, the Information reported, citing people familiar with the matter. The move came as China weighs whether — and on what terms — it will allow access to the chips, the report said. “China is committed to basing its national development on its own strengths,” said Liu Pengyu, a spokesperson for the Chinese Embassy in the United States. Reuters The pause underlines how quickly AI hardware has become a bargaining chip
7 January 2026
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Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

January 7, 2026, 07:31 PST Nvidia’s next-generation Vera Rubin platform is now in “full production,” CEO Jensen Huang said at CES in Las Vegas, giving investors a sharper sense of when the hardware driving the AI boom is due to land. Why it matters now: CES has turned into a pit stop on the chip industry’s road map. Cloud firms and big AI developers show up looking for the next wave of data center gear, kicking the tires ahead of earnings season. But the stakes keep rising as companies move from training giant models to running them at scale for
7 January 2026
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Tesla stock slides as Nvidia’s Alpamayo open-source push unsettles robotaxi hopes

Tesla stock slides as Nvidia’s Alpamayo open-source push unsettles robotaxi hopes

NEW YORK, Jan 7, 2026, 09:36 EST — Regular session Tesla stock fell 4.1% to $432.96 in early trading on Wednesday after opening lower, as traders digested a new wave of autonomous-driving announcements around the CES tech show. The drop matters because Tesla’s bull case has leaned heavily on Full Self-Driving — a driver-assistance system that still requires supervision — and on a small robotaxi service in Austin, Texas, even as the industry crowds CES with autonomy pitches. “This year you will see more and more focus on AI and autonomous,” said C.J. Finn, PwC’s U.S. automotive industry leader, as
7 January 2026
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CES 2026 highlights: Nvidia’s Vera Rubin AI chips and humanoid robots push tech into the real world

CES 2026 highlights: Nvidia’s Vera Rubin AI chips and humanoid robots push tech into the real world

LAS VEGAS, Nev., Jan 7, 2026, 04:42 PST Nvidia (NVDA.O) CEO Jensen Huang said at CES 2026 that the company’s next-generation Vera Rubin chips are in “full production,” aiming for a five-fold jump in artificial-intelligence computing for chatbots and other applications. He said a flagship server would pack 72 graphics processing units and 36 central processors, and generate “tokens” — the chunks of text AI models process — about 10 times more efficiently. “Only in that way can you truly trust how the models came to be,” Huang said, describing plans to release training data tied to Nvidia’s Alpamayo self-driving
7 January 2026
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Salesforce stock climbs as RBC lifts target to $290, putting AI demand back in play

Salesforce stock climbs as RBC lifts target to $290, putting AI demand back in play

New York, Jan 6, 2026, 20:52 EST — Market closed Salesforce Inc (CRM) shares rose 2.6% on Tuesday to $262.90, making it one of the better performers on the Dow Jones Industrial Average as U.S. stocks ended higher. The Dow gained about 1% on the day. The bounce comes as investors test whether high-multiple enterprise software can steady after a shaky start to the year, when concerns about monetizing new AI features weighed on several names. Salesforce trades at about 34 times trailing earnings — a price-to-earnings ratio, which compares a company’s share price to its past profit. AOL RBC
7 January 2026
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Qualcomm (QCOM) stock rises after-hours on Google auto AI pact, CES chip launches

Qualcomm (QCOM) stock rises after-hours on Google auto AI pact, CES chip launches

New York, Jan 6, 2026, 19:42 EST — After-hours Qualcomm Incorporated shares rose 3.5% to $182.45 in after-hours trading on Tuesday, after swinging between $176.50 and $184.38 during the session as investors weighed a string of CES updates tied to cars and PCs. The moves land as CES 2026 opens in Las Vegas and suppliers try to convince investors they can turn artificial intelligence into revenue beyond smartphones. The trade show runs from Jan. 6 to 9 and is expected to feature autonomous-driving and AI-heavy pitches across the industry. Qualcomm Technologies, a unit of Qualcomm, and Google said they expanded
7 January 2026
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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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