AMD announced a $2.7 billion investment in the UK over the next five years to boost AI research, supercomputing, and nuclear fusion projects. Key initiatives include funding two AI supercomputers at the University of Cambridge—Zenith for scientific research and Sunrise for fusion energy development. AMD will also collaborate with Imperial College London and Oriole Networks on AI and climate-related projects. This investment supports the UK’s ambition to become a global AI hub and reflects the growing global race for advanced computing infrastructure essential for AI advancement.
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 surged in early trading following a slight drop in US interest rates. The Nasdaq 100 is expected to test the 30,000 level, supported by a strong 28,500 level, while the Dow Jones is con...
US stock futures showed mixed performance with the Nasdaq 100 and S&P 500 gaining slightly while the Dow Jones fell, following recent market declines and amid rising geopolitical tensions between Israel and Iran. Investors are closely monitoring upco...
Demand for AI infrastructure remains strong, leading major tech companies to increase capital spending despite bottlenecks in CPUs, memory, and energy supply. Analyst Uttam Dey highlights AMD, Micron, and GE Vernova as key stocks positioned for growt...
The SPDR S&P Semiconductor ETF (XSD) and the iShares Semiconductor ETF (SOXX) differ mainly in weighting: XSD uses equal weighting across semiconductor firms, while SOXX concentrates on the largest companies like NVIDIA and Broadcom. SOXX has outperf...
The Invesco PHLX Semiconductor ETF (SOXQ) has delivered a remarkable 181.74% return over the past year, driven primarily by heavy weights like NVIDIA, Broadcom, and AMD. This ETF offers low-cost exposure to the 30 largest U.S.-listed semiconductor fi...
