AMD stock recently broke below the support of a rising price channel, indicating a possible shift to a bearish trend. This breakdown was confirmed by a bearish RSI divergence and a close below key support levels, suggesting weakening momentum. The stock is now testing its 50-day moving average as the first major support, with potential resistance near the 20-day moving average if a bounce occurs. If the decline continues, AMD could see a deeper correction toward the $386–$393 support zone, which is critical for maintaining its longer-term uptrend.
Adams Diversified Equity Fund reported a 10.8% total return on net asset value (NAV) for the first half of 2026, outperforming the S&P 500's 10.2% and the Morningstar U.S. Large Blend category's 9.5%. The fund's market price return was even higher at...
BNP Paribas raised AMD's price target from $460 to $600, not due to expected near-term earnings growth but because investors are valuing AMD higher for its long-term potential in AI infrastructure. The firm notes that the next major AI spending wave,...
AMD has appointed Alan Smith as a Corporate Fellow, recognizing his key role in advancing GPU architecture and AI computing technologies. This title is the highest technical honor at AMD, awarded to top innovators who significantly impact the company...
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...
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...
