AMD led semiconductor and Nasdaq gainers for the holiday-shortened week, surging over 13%. Chip stocks advanced following an in-line consumer inflation print and fresh Overweight coverage initiations…
CFO Jean Hu raised AMD's estimated AI chip market ceiling to $3 trillion by 2030, projecting data center business to more than double next year. AMD affirmed TSMC as its primary foundry supplier, shu…
AMD shares gained over 3% following robust Q2 results with revenue surging 50% to $11.54 billion and data-center sales doubling. CFO Jean Hu projected a $2 trillion to $3 trillion addressable market …
AMD shares surged following CFO Jean Hu's projection that AI demand will expand the company's total addressable market to $2 trillion by 2030. Hu emphasized ongoing GPU momentum and forecasted that A…
AMD forecasts its data center revenue will double next year, driven by accelerating AI inferencing and agentic demand. The company highlighted an expanding total addressable market reaching $2 trilli…
AMD's strategic pivot to integrated rack-scale AI systems, initiated with the ZT Systems acquisition and validated by massive data center revenue growth and future commitments, has driven a historic …
AMD shares gained following a series of bullish Wall Street analyst upgrades, including BMO Capital's Outperform initiation. Analysts cited AMD's expanding AI infrastructure portfolio and its upcomin…
AMD surged after Raymond James upgraded the chipmaker to Strong Buy with a $641 price target. The analyst cited AMD's robust positioning to capture outsized market share in the booming server CPU mar…
Raymond James upgraded AMD to Strong Buy with a $641 price target, citing strong datacenter momentum. AMD reported record Q2 earnings and announced major AI chip deals with Microsoft Azure and Anthro…
US markets opened higher as semiconductor stocks rallied and Treasury yields eased. AMD surged nearly 5% in premarket trading alongside Nvidia and Micron ahead of key earnings and economic data. Oil …
AMD surged 3% following a Raymond James upgrade to Strong Buy with a $641 price target, citing AI server CPU growth. Broader chip stocks, including Nvidia and Broadcom, also climbed ahead of Nvidia's…
AMD surges over 6% following bullish updates on its AI data center and server CPU growth. Strong customer demand for upcoming Venice and Helios architectures, multi-gigawatt AI commitments, and ROCm …
The tech sector experienced divergence as semiconductor stocks like AMD surged on robust demand, while software giants like Microsoft faced headwinds. Tesla displayed resilience, and financials remai…
AMD shares surged 7% as semiconductor stocks rallied following a decline in Treasury yields and oil prices. The easing of interest rate pressure provided relief for the sector, while fundamental AI i…