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Stock Market 6 February 2026

Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

Shares of Broadcom jumped roughly 7% to $332.92 in after-hours action on Friday, fueled by renewed optimism that heavy spending on artificial intelligence by major tech players is still picking up steam. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, an investment strategy analyst at Baird. https://www.reuters.com/business/futures-stabilize-after-tech-rout-amazon-slides-ai-capex-lift-2026-02-06/
Nvidia stock price jumps after Amazon flags bigger AI spend — what investors watch next

Nvidia stock price jumps after Amazon flags bigger AI spend — what investors watch next

Nvidia bounced back in late U.S. trading, climbing $14.20, or roughly 8.3%, to $186.08. Earlier in the week, the stock had stumbled as investors worried about lofty AI-related valuations. Shares ranged wildly, dipping as low as $172.62 before touching $186.93. Chip stocks caught a lift after Amazon flagged plans for heftier data-center spending. “There’s real demand for AI products,” said Baird’s Ross Mayfield, investment strategy analyst.
Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon.com shares slid $15.56, or close to 7%, to $207.13 in Friday afternoon trading, after the company laid out a plan for about $200 billion in capital expenditures in 2026. The selloff took the stock as low as $200.44 during the session, putting nearly $200 billion in market cap on the line if the drop holds. “The magnitude of the spend is materially greater than consensus expected,” MoffettNathanson noted.
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