Advanced Micro Devices (AMD, Financials), a U.S. semiconductor company that designs processors and graphics chips for PCs, servers, gaming systems and artificial intelligence workloads, received a higher price target from UBS ahead of its upcoming AI event.The firm lifted its 12-month target to $70…
Arista Networks NYSE:ANET, Seagate Technology and Astera Labs emerged as BNP Paribas' top AI supply-chain ideas as the bank stayed bullish on compute, networking and storage demand into 2027.Analyst Karl Ackerman said the next major demand catalyst may not arrive for another quarter, but he still f…
Nvidia NASDAQ:NVDA, Intel NASDAQ:INTC, Advanced Micro Devices NASDAQ:AMD, Micron Technology NASDAQ:MU and SanDisk (SNDK) moved higher in premarket trading Tuesday, recovering part of the prior session's losses despite renewed military activity between the United States and Iran.Nvidia gained nearly…
Intel NASDAQ:INTC announced a 5 billion investment to expand its Leixlip semiconductor facility west of Dublin, upgrading current production and advancing R&D for AI data center chips. The announcement comes as demand for AI agent workloads (complex tasks such as software engineering that require p…
Taiwan Semiconductor Manufacturing NYSE:TSM posted stronger than expected Q2 revenue as surging demand for advanced AI chips kept its growth engine running.Revenue reached NT$1.27 trillion, or $39.63 billion, up 36% from NT$933.8 billion a year earlier. The result topped the $39.31 billion market c…
Cathie Wood's ARK Invest increased positions in several technology, healthcare and digital asset companies during the week ended July 10, while reducing holdings in select semiconductor and genomics names.Space Exploration Technologies NASDAQ:SPCX represented the firm's largest purchase by value, w…
Micron Technology NASDAQ:MU led a broad semiconductor and optical stock rally Thursday as rising U.S. factory investment helped investors look past the sector's recent sell-off.Micron jumped 8% after raising its planned U.S. manufacturing and technology investment to more than $250 billion through…
Rackspace Technology (RXT), an AI infrastructure solutions provider, has cut its 2026 outlook as supply constraints, industry conditions, and internal resource priorities weigh on its near-term performance. Shares fell about 25% on Thursday after the company reduced its full-year revenue expectatio…
Shares of Advanced Micro Devices Inc. (AMD) have gained more than 155% year-to-date, but Wall Street believes the rally still has more juice left.According to TheFly, analysts at Stifel raised their price target for AMD to $635 from $450 while maintaining a ‘Buy’ rating. The new price target for AM…
Rackspace Technology (RXT), an AI infrastructure solutions provider, saw its shares fall about 4% in premarket trading Thursday after the company lowered its full-year 2026 expectations, signaling that supply constraints and resource prioritization may weigh on near-term growth. The company now exp…
Shares of Micron Technology Inc. (MU), Advanced Micro Devices Inc. (AMD), Marvell Technology Inc. (MRVL), and Qualcomm Inc. (QCOM) surged in Thursday morning’s trade amid a broader rise in semiconductor and memory stocks.During an interview with CNBC, Bernstein analyst Stacy Rasgon said that tight…
Advanced Micro Devices Inc. (AMD) grabbed investors’ attention on Thursday as its shares surged nearly 8%, lifting the chipmaker’s market capitalization back above the $900 billion mark for the third time in less than a month.AMD stock hit a high of $558.67 at 10:04 am ET, taking its market capital…
SANTA CLARA, Calif., July 08, 2026 (GLOBE NEWSWIRE) -- AMD NASDAQ:AMD announced today that it will report fiscal second quarter 2026 financial results on Tuesday, Aug. 4, 2026, after the market close. Management will conduct a conference call to discuss these results at 5:00 p.m. ET / 2:00 p.m. PT…
High-flying chip stocks tumbled on Tuesday as investors took profits, tracking the selloff in Samsung Electronics shares despite the company’s blowout preliminary results.Samsung said its second-quarter operating profit is expected to rise 19-fold to 89.4 trillion won ($58.44 billion), and revenue…
Nvidia NASDAQ:NVDA and AMD NASDAQ:AMD face growing pressure in China as local companies shift more AI chip spending toward domestic suppliers, according to a Bloomberg survey.The survey of 60 Chinese executives found they plan to allocate 46% of AI chip budgets to domestic options over the next 12…
Nvidia NASDAQ:NVDA and Advanced Micro Devices NASDAQ:AMD could face increasing competition in China as businesses plan to allocate a larger share of their artificial intelligence chip spending to domestic suppliers over the next year.The survey of 60 executives across software, finance, manufacturi…
Advanced Micro Devices (AMD, Financials) a semiconductor company known for processors, graphics chips and AI accelerators used in PCs, data centers and gaming systems, has invested in Japanese self-driving startup Turing through AMD Ventures.The deal gives AMD a deeper role in Japan's autonomous dr…
Advanced Micro Devices AMD is strengthening its position in the fast-growing agentic AI domain by expanding the capabilities of its Ryzen AI platform. As enterprises increasingly shift AI workloads from cloud-only deployments to hybrid and on-device execution, AMD’s latest Ryzen AI Halo platform is…
Advanced Micro Devices, Inc. NASDAQ:AMD rose 7.81% intraday after Goldman Sachs NYSE:GS raised its price target to $640 from $450 while maintaining a Buy rating, one of the most aggressive upward revisions among major Wall Street banks in the current cycle. The stock's rally followed a recent pullb…
Shares of Teradyne, Inc. (TER) and Advanced Micro Devices Inc. (AMD) jumped on Monday after Goldman Sachs raised its price targets on both semiconductor stocks.While the TER stock surged more than 8%, AMD shares climbed as much as 10.5% in morning trading. By afternoon, both stocks had pared some o…
