AMD reported a strong Q1 2026 driven by its Instinct GPUs and EPYC processors, with Data Center revenue up 57% YoY to $5.78 billion, lifting total revenue to $10.25 billion and non-GAAP EPS to $1.37. CEO Lisa Su highlighted accelerating AI infrastructure demand backed by major deals with Meta and OpenAI. Intel posted a modest 7.2% revenue increase to $13.58 billion, with Data Center and AI up 22%, and foundry revenue up 16%, but a $4.07 billion restructuring charge led to a GAAP net loss. Intel's non-GAAP EPS of $0.29 beat expectations, showing progress under CEO Lip-Bu Tan. AMD remains a fabless chip designer relying on TSMC, while Intel is rebuilding as an integrated manufacturer with government support. Looking ahead, AMD expects Q2 revenue growth of 46%, while Intel aims for $13.8-$14.8 billion revenue. Investors see AMD as a growth leader, but Intel's turnaround and government backing make it an intriguing contrarian play.
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...
The ERShares Private-Public Crossover ETF (XOVR) holds nearly 23% of its portfolio in SpaceX, providing direct pre-IPO exposure to investors. In contrast, the ARK Innovation ETF (ARKK) does not hold SpaceX shares but invests in public disruptive tech...
