AMD's shares surged after the company announced it acquired MEXT, a firm specializing in memory optimization solutions. This move aims to address memory bottlenecks in AI development, helping AMD improve chip performance and cost efficiency. The acquisition positions AMD strongly in the competitive chip market as demand for AI-related technology grows.
The Frost & Sullivan Institute has recognized 50 leading companies with the 2026 Visionary Growth Leadership Best Practices Recognition for embedding innovation, measurable impact, and sustainability into their growth strategies. These companies, inc...
AMD reported a strong Q1 2026 driven by its Instinct GPUs and EPYC processors, with Data Center revenue up 57% YoY to $5.78 billion, lifting total revenue to $10.25 billion and non-GAAP EPS to $1.37. CEO Lisa Su highlighted accelerating AI infrastruc...
Chip stocks led a broad market rally on June 15, with AMD shares jumping 8% to a record near $558, pushing its market cap above $900 billion. The surge follows AMD's launch of the Ryzen AI Halo platform, priced competitively against NVIDIA's DGX Spar...
The Invesco PHLX Semiconductor ETF (SOXQ) has surged 89% year to date and 157% over the past year, fueled by booming AI-related chip demand and record hyperscaler capital expenditures. SOXQ holds 30 major U.S. semiconductor companies, heavily concent...
LongPoint Asset Management is launching three new double-leveraged ETFs on the Toronto Stock Exchange, offering 2X long exposure to Advanced Micro Devices (AMD), Micron Technology, and SpaceX. These ETFs, trading in Canadian dollars, aim to provide a...
