AMD Gets Citi Buy Rating as Analyst Eyes Major Meta GPU Opportunity
The upgrade is driven by strong GPU growth potential and AMD emerging as a key second supplier in the AI chip market.
The upgrade is driven by strong GPU growth potential and AMD emerging as a key second supplier in the AI chip market.
Nvidia launched RTX Spark, a new AI chip for PCs, challenging Intel, AMD and Qualcomm. Stocks moved after the news.
AMD shares are rising after CEO Lisa Su forecast more than 35% annual CPU market growth over the next five years, driven by surging AI demand.
Amazon and AMD increased stakes in Marvell, signaling strong belief in its AI chip tech powering cloud and data centers.
U.S. President Donald Trump disclosed hundreds of millions in stock trades in Q1 2026 — heavy buys in Nvidia, Microsoft, Adobe, ServiceNow and more during the tech selloff.
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.