Shares of major chipmakers AMD, Intel, and NVIDIA rose sharply following Super Micro's fiscal Q4 earnings beat, which showed a 78% EPS beat and a massive $60 billion backlog in AI/IT server orders. This backlog signals strong demand for CPUs and GPUs, directly benefiting these chipmakers. The gains build on already significant year-to-date rallies, with Intel up 174%, AMD up 125.5%, and NVIDIA up 20.3%. Investors now look ahead to NVIDIA's upcoming fiscal Q2 report, expecting even higher revenue guidance based on Super Micro's strong order flow.
Advanced Micro Devices (AMD) is close to reaching a $1 trillion market capitalization, currently at about $992.4 billion, driven by a 10% price increase on AI accelerators, consumer GPUs, and chipsets. This price hike reflects strong demand outpacing...
Advanced Micro Devices (AMD) shares surged to an intraday high of $613.92, pushing the company's market value above $1 trillion for the first time. This milestone comes amid a five-day winning streak where AMD's stock rose about 24%, contributing to ...
AMD reported a historic quarter with $11.5 billion revenue and 107% growth in its Data Center segment, driven by strong demand from major clients like OpenAI and Microsoft Azure. Despite a recent stock pullback due to AI investment concerns and gamin...
AMD benefits from Intel's repeated PC CPU price increases, creating a favorable pricing environment for AMD's products. The total addressable market for AMD's server CPUs is projected to reach $220 billion by 2030, with AMD aiming for over 50% market...
