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.
AMD made record money thanks to AI chips, strong data center growth, and big deals, showing it’s becoming a serious Nvidia competitor.
HSBC downgraded AMD after a big rally. Stock looks expensive now, limited short-term upside, but long-term outlook still strong.
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.
Analysts upgraded Intel and AMD on strong AI-driven CPU demand, raising targets and boosting shares in premarket trading.
Cerebras plans a Nasdaq IPO after strong growth, big AI deals, and rising demand for powerful chips competing with Nvidia.
Google is expanding its partnership with Intel, committing to multiple generations of Xeon processors for its AI data centers.