By Callum Keown, Kit Norton, and Connor SmithStocks rose Tuesday, as tech shares, particularly chip makers, closed out a historically good quarter on a high note. The industrials and materials sectors also advanced broadly.Semiconductor equipment makers Applied Materials and Lam Research rose 4.1…
Advanced Micro Devices NASDAQ:AMD received a higher price target from Wells Fargo after the firm raised its long-term forecasts for the company's server processor business, citing continued demand for data center chips.Wells Fargo increased its price target on Advanced Micro Devices NASDAQ:AMD to…
Intel NASDAQ:INTC shares climbed about 4% in Tuesday trading after a Wells Fargo analyst raised the price target on Advanced Micro Devices NASDAQ:AMD, with investors viewing the firm's outlook for AI processors as potentially favorable for Intel as well, according to a Tuesday research note.The ana…
AI chip stocks rally as Nvidia, AMD and semiconductor equipment makers lift Wall StreetArtificial intelligence traded higher Tuesday, helping push major U.S. indexes into positive territory as investors returned to technology shares following last week's pullback. The gains came as chipmakers and s…
(15:30 GMT) Advanced Micro Devices Price Target Raised to $615.00/Share From $505.00 by Wells Fargo
Tesla NASDAQ:TSLA faces another autonomy challenger as Wayve builds momentum with automakers, ride-hailing partners and major tech investors.Wayve recently signed a deal with Stellantis NYSE:STLA and Uber NYSE:UBER to explore Level 4 robotaxi deployments globally. It also signed an earlier agreemen…
By Kit NortonAdvanced Micro Devices stock has surged this year, driven mostly by demand for the chip maker's artificial-intelligence-optimized central processing units. Wall Street doesn't expect that demand to slow down anytime soon and believes shares still have upside.A Wells Fargo analyst team…
Micron NASDAQ:MU and Intel (NASDAQ:INTC) led chip stocks lower Monday even as the broader market moved higher on easing U.S.-Iran tensions.Micron fell 6% after a class-action lawsuit filed in California accused Micron, Samsung and SK Hynix of coordinating to restrict DRAM supply and push prices hig…
Micron Technology NASDAQ:MU and Intel NASDAQ:INTC led semiconductor stocks lower on Monday as the sector continued its downward trend following last week's selloff.The broader market indices traded higher by mid-morning, supported by de-escalation in U.S.-Iran tensions. However, chip stocks remaine…
Chip stocks including Intel (INTC), Advanced Micro Devices (AMD), and Arm Holdings (ARM) opened in the red this morning mostly due to technical quarter-end positioning.Amidst a lack of fresh positive catalysts, lingering earnings pressure and macroeconomic caution are also adding to the weakness in…
(14:28 GMT) Advanced Micro Devices Price Target Raised to $700.00/Share From $500.00 by Cantor Fitzgerald
Last Friday, the three major Wall Street indexes closed a mixed week. While the Dow Jones Industrial Average managed a 0.6% progress, the S&P 500 and the Nasdaq fell 2.1% and 4.7% respectively.The sharp selloff in technology stocks followed stronger-than-expected inflation data, which reinforced ex…
The SpaceX IPO has investors asking a reasonable question: at a valuation somewhere between $1 trillion and $2 trillion, is the hype real, or is the market getting ahead of itself? Rob Spivey and Joel Litman of Altimetry Research say the answer is both—and that for most investors, there are cleaner…
AMD Q1 2026 revenue $10.25B (+38% YoY); data center revenue $5.8B (+57%); free cash flow >$2.57B; Q2 guide $11.2B; server CPU revenue growth >70% YoY.Bernstein raised AMD’s price t
