AMD's stock rose 3% after CFO Jean Hu increased the AI chip market forecast to $2-3 trillion by 2030, up from a previous $2 trillion estimate. This bullish outlook is supported by strong growth in AMD's Data Center segment, which more than doubled revenue year-over-year last quarter. AMD also confirmed TSMC will remain its primary chip foundry, closing speculation about shifting to Intel Foundry. Investors are watching AMD's valuation and upcoming Q3 2026 report, with revenue guidance of $13 billion, up 41% year-over-year.
NVIDIA's stock has surged 14,700% over the past decade, driven by its leadership in AI hardware. The company reported strong fiscal Q2 results with revenue up 106% year-over-year and expects 70% revenue growth in fiscal 2028, constrained by supply. A...
Citi reaffirmed its Buy rating on AMD with a $575 price target, highlighting strong momentum in AI, data-center, and server CPU markets. AMD's management raised the server CPU market forecast to $220 billion by 2030, driven by AI infrastructure inves...
Marvell Technology's CEO Matt Murphy attributes the company's 241% stock rise over the past year to a decade-long build of trust with major tech firms. This trust has enabled Marvell to secure significant AI ecosystem partnerships, including deals wi...
Invesco offers two ETFs, QQQ and QQQM, that track the same Nasdaq-100 index with identical holdings and management but differ in fees. QQQ charges a 0.18% fee, while QQQM charges 0.15%, which may seem small but compounds into significant savings over...
AMD has posted a 107% year-over-year increase in Data Center revenue and secured a major 6GW GPU deal with OpenAI, yet its stock has declined nearly 6% over the past month amid profit-taking and concerns over its Gaming segment and external risks. Wa...
