Advanced Micro Devices (AMD) reported a 38% year-over-year revenue increase to $10.3 billion in Q1 2026, with free cash flow more than tripling to $2.6 billion. The company's EPYC server CPU revenue grew over 50%, and management expects server CPU growth to exceed 70% in Q2, reflecting strong demand from AI infrastructure. AMD also doubled its total addressable market (TAM) for server CPUs from $60 billion to over $120 billion, signaling significant growth potential. Analysts project AMD's revenue to rise from $49 billion in 2026 to nearly $75 billion by 2027, highlighting the company's expanding role in the AI and server markets.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
In Q2 2026, AMD's stock surged 182.4%, driven by growth in AI workloads linked to large language models. CrowdStrike also saw strong gains of 95.6% due to a positive shift in the AI investment narrative. Conversely, Netflix's stock declined after bea...
