AMD's Q2 revenue jumped 50% to $11.5 billion, driven by a 107% increase in Data Center sales, while gross margin rose to 54% and net income surged 163% to $2.3 billion. The company is positioned to capitalize on growing CPU demand and emerging agentic AI trends, supported by strategic moves like acquiring World Labs. Analysts project AMD could exceed $100 billion in revenue by 2028 with earnings potentially increasing sevenfold, suggesting a 30-60% upside in stock price despite some risks in execution and supply.
AMD's recent financial performance is notable, and for readers following the broader technology sector, here is Pluang's market snapshot as of Oct 09, 2026 19:12 WIB: Out of 150 priced technology stocks, 126 advanced and 18 declined. ASML shares rose 3.04% to USD 1,823.59 with a typical hold time of 93 days. Corning Incorporated (GLW) gained 2.95% to USD 157.32, and NetEase (NTES) increased 2.87% to USD 123.03, reflecting active buying interest on the platform.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
Bitcoin's price remains stable around $82,500 even as reports emerge about a theft involving Ledger, a popular crypto hardware wallet provider. This resilience suggests investor confidence in Bitcoin's value despite security concerns in the crypto sp...
Bitcoin briefly fell below $81,000 before recovering to around $82,500, triggered by $1.09 billion in forced liquidations of leveraged crypto positions, mostly from traders betting on price increases. This sell-off added pressure on digital assets, c...
Bitcoin's price fell from about $85.7K to $82.5K, triggering over $2.4 billion in liquidations mostly on long positions. The decline coincided with rising US Treasury yields above 5.3%, higher oil prices, and significant outflows from Bitcoin ETFs, r...
Bitcoin stabilized around $82,500 following a sharp drop to $80,350 caused by a security exploit involving Ledger hardware wallets. The incident led to over $1 billion in crypto liquidations within 24 hours, shaking investor confidence, especially am...
