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.
Advanced Micro Devices (AMD) reported a strong Q1 fiscal 2026 with $10.3 billion revenue, a 38% year-over-year increase, and earnings per share rising 163.5% sequentially to $2.67. The company raised its outlook for data center products, fueling a 10...
The Nasdaq 100 index reached a new record high of 29,390, driven by strong gains in semiconductor and AI-related stocks like Intel and AMD. However, technical indicators such as bearish RSI divergence and price exhaustion above the 20-day moving aver...
AMD's stock price surged from $214.16 at the end of 2025 to $460.43 by mid-May 2026, doubling its value amid the AI boom. This rally led Wall Street analysts to become more optimistic, with Mizuho Securities raising its 12-month price target from $41...
After a strong rally in 2026, semiconductor stocks like SOXX, AMD, and Intel saw a sharp intraday drop, with Intel falling nearly 7%. This selloff differs from past downturns in 2018 and 2022, which were driven by demand slowdowns and inventory gluts...
Nvidia shares reached a new all-time high of $222.30 but its 14-day RSI is 64.9, below the overbought threshold. Meanwhile, Alphabet, AMD, Tesla, and Apple show higher RSI readings above 70, indicating stronger overbought conditions. This suggests th...
