Zyphra has introduced Zyphra Cloud, a full-stack AI platform powered by AMD Instinct MI355X GPUs and TensorWave infrastructure. The platform starts with Zyphra Inference, a serverless service enabling high-performance access to frontier open-weight AI models for complex, long-horizon tasks like agentic coding and workflow automation. Zyphra Cloud aims to expand with features like reinforcement learning, fine-tuning, and dedicated GPU clusters, providing a unified environment for AI development and deployment. This launch highlights Zyphra's move to bring advanced AI research capabilities into practical, scalable production for developers and enterprises.
Chip stocks led a broad market rally on June 15, with AMD shares jumping 8% to a record near $558, pushing its market cap above $900 billion. The surge follows AMD's launch of the Ryzen AI Halo platform, priced competitively against NVIDIA's DGX Spar...
The Invesco PHLX Semiconductor ETF (SOXQ) has surged 89% year to date and 157% over the past year, fueled by booming AI-related chip demand and record hyperscaler capital expenditures. SOXQ holds 30 major U.S. semiconductor companies, heavily concent...
LongPoint Asset Management is launching three new double-leveraged ETFs on the Toronto Stock Exchange, offering 2X long exposure to Advanced Micro Devices (AMD), Micron Technology, and SpaceX. These ETFs, trading in Canadian dollars, aim to provide a...
AMD's market cap has surged to $834 billion, driven by strong Data Center revenue growth of 57% year-over-year and significant deals like Meta's multi-generation GPU purchase. The company has exceeded its 2030 earnings targets early, signaling robust...
A Reddit user shared a story of an investor who put $1 million into the leveraged semiconductor fund SOXL, endured a severe 80% loss during the 2025 tariff-driven selloff, but held on and cashed out near $7.5 million after a strong AI chip market rec...
