Intel shares surged 8% after announcing a $14.2 billion deal to repurchase a 49% stake in its Ireland factory, signaling confidence in its manufacturing future and AI-driven growth. Meanwhile, AMD shares rose 3% on news of a major AI chip order from startup Upstage and strong data center revenue growth, positioning AMD as a key player in the AI chip market. Both companies reflect distinct growth strategies: Intel focuses on manufacturing expansion while AMD scales its AI data center business. Investors will watch if these gains hold and how upcoming earnings reports impact their outlooks.
Mad Money host Jim Cramer declared Intel as his favorite stock, citing its strong position in the AI infrastructure boom and its role as the third-largest customer of semiconductor maker ASML. He believes Intel's CEO is steering the company to be a k...
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...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...
Intel Foundry has begun high-volume manufacturing of select Intel Core Ultra Series 3 processors, known as Panther Lake, using ASML's High NA EUV lithography on the Intel 18A process node. This marks a key milestone in semiconductor manufacturing, de...
