AMD announced a £2 billion investment over five years in the UK to accelerate AI innovation, scientific research, and workforce development. The investment includes partnerships with Imperial College London and Oriole Networks to advance AI, quantum, and next-gen computing research, and support for the University of Cambridge's AI supercomputers. This initiative aligns with UK government priorities to build AI infrastructure, develop talent, and enhance economic growth through advanced computing technologies. AMD aims to strengthen the UK's position as a global AI leader by expanding access to cutting-edge compute resources and fostering collaborations across academia, industry, and government.
The VanEck Semiconductor ETF (SMH) has gained 77.13% in just over five months, far outpacing the S&P 500's 10.61% return year-to-date. This surge is driven by strong AI-related capital expenditures across the semiconductor supply chain, including chi...
US stock markets fell last week despite record highs, with tech and semiconductor shares dropping sharply after a strong May jobs report raised concerns about prolonged Federal Reserve rate hikes. The Nasdaq fell 4.68%, and semiconductor ETFs saw the...
SpaceX's upcoming May 2026 IPO filing reveals $18.7 billion revenue in 2025, led by Starlink's $11.4 billion revenue and rapid subscriber growth to 10.3 million. The company also invests heavily in AI, with $7.7 billion capital expenditure in Q1 2026...
Nvidia CEO Jensen Huang is under pressure to testify before Congress about the company's AI chip sales to China and the impact of export controls. Senator Elizabeth Warren accuses him of lobbying against tighter restrictions that aim to protect U.S. ...
AI-driven technology stocks like AMD, Google, Amazon, Microsoft, and Meta have surged recently, delivering strong returns without showing signs of a bubble. Analyst Julian Lin highlights that these companies trade at reasonable valuations supported b...
