Technical analysis suggests AMD's stock could fall about 39% to $300 by early January 2027, signaling a major correction after its recent AI-driven surge. Despite strong financial results and growth in AI-related revenue, the stock shows signs of weakening momentum and a potential pullback based on long-term chart patterns and RSI indicators. The forecast does not expect a crash but anticipates a correction toward the weekly 100-period moving average. Investors should watch for company-specific catalysts that might alter this outlook.
UBS argues that recent fears about "circular financing" in AI infrastructure deals are misplaced, emphasizing that chip suppliers, not hyperscalers like Amazon or Google, are bearing the financial burden. Despite media reports of massive lease agreem...
The FTSE 100 reached a new intraday high above 10,945, driven by strong earnings from companies like Standard Chartered, Reckitt Benckiser, and Rio Tinto, which also announced increased dividends and share buybacks. Rising oil prices, fueled by renew...
The Federal Reserve's interest rate decision today is expected to cause volatility in the markets, especially impacting semiconductor stocks tied to artificial intelligence such as Nvidia, AMD, and Intel. Nvidia is showing some technical support by b...
South Korean chipmaker SK Hynix reported record earnings driven by AI demand but fell short of market expectations, causing its shares to drop nearly 10%. This contributed to a broader selloff in Asian chip stocks, with South Korea's KOSPI index fall...
The ARK Next Generation Internet ETF (ARKW) has received a Hold rating due to near-term challenges from increased capital spending in artificial intelligence and cloud infrastructure. Its top holdings like AMD and Tesla are well-positioned for long-t...
