Intel's stock fell 6% following a sharp 188% rise year-to-date, driven by profit taking amid a risk-off market mood and no new company-specific news. NVIDIA and AMD also declined 3%, reflecting a broader semiconductor sector pullback influenced by rising long-term Treasury yields and geopolitical tensions. Despite the selloff, Intel, NVIDIA, and AMD report strong revenue growth, especially in data center and AI segments, but investors remain cautious ahead of upcoming earnings and Fed meetings. The semiconductor sector's direction now closely tracks macroeconomic factors like bond yields and inflation outlooks.
Intel's stock has surged over 200% in 2026, driven by strong growth in its CPU business, especially in AI and data center markets. Jim Cramer supports this comeback, citing robust demand and improving factory output. However, challenges remain with s...
Intel CEO Lip-Bu Tan confirmed the company's continued involvement in Elon Musk's Terafab semiconductor venture after Musk revealed early talks with TSMC about a potential role. Musk clarified that Tesla and SpaceX will build and operate the Texas fa...
AMD shares rose 4% after Citi raised its price target to $800, citing a surge in server processor demand driven by AI developments, and Stifel increased its target to $700 ahead of AMD's Q3 2026 results. Citi sees AMD as the main beneficiary of a new...
Intel has reported seven consecutive quarters of beating earnings expectations, driving a 230% rally year-to-date. The company’s recent revenue growth, especially in server CPUs and AI-related segments, supports optimism about its recovery. Despite o...
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
