Rackspace and AMD Team Up to Build Secure AI Cloud for Big Companies
Rackspace jumped after partnering with AMD to build secure AI cloud for banks and hospitals using AMD + Nvidia chips for AI workloads.
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AMD Beats Wall Street Again – AI Chips Fuel Record-Breaking Quarter
AMD made record money thanks to AI chips, strong data center growth, and big deals, showing it’s becoming a serious Nvidia competitor.
Limited Upside for AMD? HSBC Downgrades Stock to Hold
HSBC downgraded AMD after a big rally. Stock looks expensive now, limited short-term upside, but long-term outlook still strong.
OpenAI Misses Sales and User Targets, Drags Partner Stocks Down
OpenAI missed growth targets, worrying investors as rivals rise and AI costs stay high, raising doubts about quick profits. Shares of SoftBank, Oracle, and AMD dropped sharply.
Wall Street Upgrades Intel & AMD: CPU Renaissance Sparks Massive Rally
Analysts upgraded Intel and AMD on strong AI-driven CPU demand, raising targets and boosting shares in premarket trading.
Cerebras Files for IPO: Nvidia’s AI Chip Rival Goes Public
Cerebras plans a Nasdaq IPO after strong growth, big AI deals, and rising demand for powerful chips competing with Nvidia.