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Artificial Intelligence News 6 January 2026 - 7 January 2026

Applied Materials stock jumps to a fresh 52-week high as CES AI talk lifts chip-equipment shares

Applied Materials stock jumps to a fresh 52-week high as CES AI talk lifts chip-equipment shares

New York, Jan 6, 2026, 19:34 (EST) — After-hours Applied Materials Inc shares rose 4.1% to $296.01 on Tuesday, marking a fresh 52-week high as buyers piled into chip-equipment names. The stock traded between $284.00 and $298.09 and finished above its prior peak near $287.74 set a session earlier, with volume slightly below its recent average. MarketWatch The move comes as chip stocks gained on renewed AI optimism, lifting the Philadelphia Semiconductor Index to a record and helping Wall Street end higher. Jed Ellerbroek, a portfolio manager at Argent Capital, said he expects “a very strong earnings season for Big
7 January 2026
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Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

New York, Jan 6, 2026, 18:54 EST — After-hours Marvell Technology (MRVL.O) shares fell 2.2% to $88.23 on Tuesday, even as U.S. stocks ended higher, after the chipmaker agreed to buy networking technology firm XConn Technologies for about $540 million. The stock was little changed in after-hours trading. MarketWatch The deal lands as investors scrutinize the plumbing behind the AI boom, not just the chips that do the math. As data centers scale up clusters of accelerators, bottlenecks often show up in the links that move data between processors, memory and servers. Marvell has been leaning into that shift, pitching
7 January 2026
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Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

New York, Jan 6, 2026, 18:26 ET — After-hours Shares of Lumentum Holdings Inc (LITE.O) were up 11.3% at $397.42 in after-hours trading on Tuesday, after swinging between $340.46 and $399.50 during the session. The move put the optical-components maker among the day’s standout gainers in a corner of the market tied to artificial-intelligence data centers, after a choppy start to 2026. Investors have been recalibrating bets on whether heavy capital spending by “hyperscalers” — the biggest cloud computing groups — will translate into profits, with several infrastructure stocks swinging sharply day to day. Investors.com Lumentum on Monday said it
7 January 2026
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Vistra stock jumps after $4.7 billion Cogentrix buyout bet on AI power demand

Vistra stock jumps after $4.7 billion Cogentrix buyout bet on AI power demand

New York, Jan 6, 2026, 17:09 EST — After-hours Vistra Corp (VST) shares rose 4.1% to $169.53 in after-hours trading on Tuesday after the power producer agreed to buy Cogentrix Energy for about $4.7 billion, expanding its natural-gas fleet as U.S. power demand climbs. Reuters The acquisition lands as generators move to lock in “dispatchable” supply — plants that can run on demand — for data centers and other large users that need steady power. Jefferies analyst Julien Demoulin-Smith called the portfolio “attractively priced” and said the push into New England “makes abundant sense,” pointing to the region’s capacity market,
6 January 2026
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Western Digital (WDC) stock jumps 17% after Nvidia CES storage talk sparks AI-driven rally

Western Digital (WDC) stock jumps 17% after Nvidia CES storage talk sparks AI-driven rally

New York, January 6, 2026, 16:58 (EST) — After-hours Western Digital Corp shares were up 16.8% at $219.38 in after-hours trading on Tuesday, after touching $221.16 earlier in the day. The move tracked a broader jump in data-storage stocks as investors leaned into demand tied to artificial-intelligence data centers. AP News The buying followed comments from Nvidia CEO Jensen Huang at the CES tech show in Las Vegas, where he detailed a next-generation “Vera Rubin” chip platform and described a new layer of storage technology called “context memory storage.” Huang said the feature is designed to help chatbots respond faster
6 January 2026
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Alphabet (GOOG) slips after hours as Google rolls out Gemini upgrades for TVs, robots at CES

Alphabet (GOOG) slips after hours as Google rolls out Gemini upgrades for TVs, robots at CES

New York, Jan 6, 2026, 16:41 EST — After-hours Alphabet’s Class C shares dipped in after-hours trading on Tuesday as Google used CES in Las Vegas to showcase new ways its Gemini artificial-intelligence models could move beyond phones and PCs. The stock was down 0.9% at $314.55, while the tech-heavy Invesco QQQ Trust rose 0.9% and the SPDR S&P 500 ETF gained about 0.6%. The announcements land as investors press Big Tech for evidence that AI spending will translate into products people pay for, and into tools enterprises stick with. Alphabet has argued that widening Gemini’s reach — from consumer
6 January 2026
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AMD stock slips after CES AI chip push as Feb. 3 earnings comes into view

AMD stock slips after CES AI chip push as Feb. 3 earnings comes into view

New York, Jan 6, 2026, 16:38 EST — After-hours Advanced Micro Devices (AMD.O) shares fell 3.1% to $214.35 in after-hours trading on Tuesday, after the chipmaker showcased new AI products at the CES trade show and flagged Feb. 3 for its next earnings report. The stock traded between $211.30 and $223.87 in the regular session on volume of about 39.8 million shares. CES comes at a sensitive moment for the chip sector, with investors pressing for proof that new “accelerator” chips — processors built to train AI models and run them in real time — are turning into sustained sales.
6 January 2026
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Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

New York, January 6, 2026, 15:13 ET — Regular session Qualcomm shares rose 3.4% to $182.25 in afternoon trading on Tuesday, after the chip designer rolled out new products and partnerships at CES 2026 in Las Vegas. The stock traded between $176.50 and $184.38 during the session. The CES headlines land at a key moment for Qualcomm as it tries to widen its growth engine beyond smartphone chips and licensing, with autos, PCs and industrial devices in focus. Investors have leaned into the theme that more computing is shifting to the “edge” — devices such as cars and laptops —
6 January 2026
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Salesforce stock rises as RBC lifts target to $290, AI bets back in focus for CRM shares

Salesforce stock rises as RBC lifts target to $290, AI bets back in focus for CRM shares

New York, January 6, 2026, 14:42 EST — Regular session Salesforce (CRM) shares climbed 2.6% to $262.82 in afternoon trading on Tuesday, tracking a broader bid for large-cap software names as investors leaned back into AI-linked trades. The move matters because sentiment in enterprise software has turned on a narrow question: which vendors can turn artificial intelligence into billable products without stalling core subscription growth. Salesforce sits near the center of that debate as it pushes AI “agent” tools aimed at automating customer-facing work. Rate bets are also back in play. Growth stocks tend to move with expectations for Federal
6 January 2026
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Cipher Mining (CIFR) stock slides in U.S. session as miner taps veterans for AI data-center push

Cipher Mining (CIFR) stock slides in U.S. session as miner taps veterans for AI data-center push

NEW YORK, Jan. 6, 2026, 15:06 (EST) — Regular session Shares of Cipher Mining Inc fell about 4% in afternoon trading on Tuesday after the bitcoin miner said it hired two industry veterans as it pushes further into artificial intelligence data centers and high-performance computing. The stock was down 3.9% at $17.46, with more than 20 million shares traded. markets.businessinsider.com The hires land as investors scrutinize which bitcoin miners can turn access to power and land into steadier revenue streams beyond crypto, a business where cash flow can swing sharply with coin prices and network competition. Cipher has been pitching
6 January 2026
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Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

New York, Jan 6, 2026, 14:02 ET — Regular session Nvidia shares were little changed on Tuesday after Chief Financial Officer Colette Kress said U.S. officials were “working feverishly” on export licenses needed for the company to ship its H200 data-center chips to China, but timing remains unclear. Nvidia was up about 0.1% at $188.25 in afternoon trading. Reuters The remarks and product rollouts at the CES trade show have put a spotlight back on AI chip supply, export rules and the pace of data-center spending — variables that can swing expectations for 2026 earnings. The broader market was modestly
6 January 2026
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KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

New York, Jan 6, 2026, 13:26 EST — Regular session KLA Corp shares rose 3.4% to $1,398.66 in afternoon trading on Tuesday after Cantor Fitzgerald upgraded the $187 billion process-control toolmaker and lifted its price target. Cantor analyst C.J. Muse raised the rating to “overweight” from “neutral” and increased the target to $1,500 from $1,350, according to MarketScreener and StreetInsider. Cantor tied the call to an AI-led semiconductor upcycle that it said is becoming constrained by manufacturing capacity rather than demand, arguing KLA is positioned to benefit from heavier investment at advanced chipmaking nodes. KLA sells “process control” tools —
6 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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