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AMD in talks to sell 10,000 AI chips to Korean startup Upstage, expanding AI presence beyond Nvidia.

Technical Signals
23 Mar 2026
Benzinga
View Source
Bullish
pluang ai news

AMD is negotiating a deal to sell 10,000 AI accelerators to South Korean AI startup Upstage, which aims to diversify its hardware beyond Nvidia. Upstage is also competing in a government-backed AI model development contest, seeking greater access to Nvidia GPUs. AMD shares have shown a recent short-term bounce but remain below longer-term averages, with analysts maintaining a Buy rating and an average price target of $284.63. The next major catalyst for AMD is its earnings report expected on May 5, 2026, with estimates showing growth in both EPS and revenue.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

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...

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Asian semiconductor stocks fall sharply as US chip sell-off spreads, SK Hynix drops over 9%.

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Bearish
13 hours ago
FTSE 100 dips as miners fall on weak China GDP; PayPal surges on takeover bid news.

FTSE 100 dips as miners fall on weak China GDP; PayPal surges on takeover bid news.

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Bearish
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TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

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Others
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1 day ago
AMD and CrowdStrike stocks soar on AI market growth; Netflix dips after cautious guidance.

AMD and CrowdStrike stocks soar on AI market growth; Netflix dips after cautious guidance.

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...

Company Fundamentals
Neutral
1 day ago
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