Shares of AMD and Intel each rose 3% due to separate catalysts: AMD was upgraded by Raymond James with a higher price target citing AI server CPU growth, while Intel's gain followed a disclosure of insider buying by Paul Pelosi. This outpaced broader chip sector gains and highlighted a split between turnaround stocks and established AI leaders like NVIDIA and Broadcom. Investors are cautious ahead of NVIDIA's Q2 2027 earnings report, which could significantly impact the semiconductor group.
The Invesco S&P 500 Top 50 ETF (XLG) reduces the S&P 500 to its 50 largest companies by market cap, resulting in a fund dominated by mega-cap tech stocks, especially semiconductors which make up about 26% of the portfolio. The top five holdings—NVIDI...
Microsoft launched the Surface Laptop Ultra, its most powerful laptop ever, powered by Nvidia's new RTX Spark CPU instead of Intel processors. This marks a significant shift as Intel, which still dominates PC chips by volume, loses the top-tier marke...
AMD and Microsoft have not split their shares in over 20 years, yet both stocks have soared—AMD up 9259% and Microsoft up 923% over the past decade. AMD's data center revenue doubled, driven by strong demand for its EPYC chips, while Microsoft's Azur...
