AMD reported a 107% year-over-year growth in its data center segment, driven by strong EPYC server CPU sales and key AI GPU deals with Anthropic and Microsoft. Meanwhile, Intel also grew revenue but faces margin pressure due to $2.1 billion losses in its foundry business and a large CHIPS Act charge. AMD's higher gross margins and expanding market share in x86 servers highlight its competitive edge, while Intel's future depends on successful foundry ramp-up. AMD forecasts continued revenue growth into Q3 2026, solidifying its position as a leading AI and data center chip provider.
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...
