Semiconductor stocks, including AMD, Intel, and Nvidia, are showing strong bullish momentum with prices expected to rise further. AMD aims to reach $580, supported by short-term buyers, while Intel looks poised to climb towards $140 after forming a bullish pattern. Nvidia broke through the $200 resistance and is targeting $215 to $230, signaling a potential comeback. This rally reflects growing investor confidence amid ongoing market trends and geopolitical factors influencing tech stocks.
Meta is set to begin manufacturing its latest AI-specific chips in September to reduce reliance on costly GPUs amid a global component shortage. The company is collaborating with Broadcom for chip design and TSMC for manufacturing, using modular chip...
Micron Technology announced a $3 billion investment to strengthen the US semiconductor supply chain and expand manufacturing capacity. This includes $500 million to support GlobalWafers' new silicon wafer plant in Texas and a 10-year supply deal for ...
Advanced Micro Devices (AMD) will release its Q2 2026 earnings report on August 4, amid high investor interest due to the ongoing AI boom and chip industry challenges. Analysts expect a strong EPS of $1.35, up from $1.11 in Q1, with potential to beat...
The Invesco AI and Next Gen Software ETF (IGPT) is rated a BUY due to its focus on semiconductor, memory, and infrastructure companies benefiting from AI-related capital spending. Despite its broad name, IGPT mainly invests in AI infrastructure leade...
AMD announced it will release its fiscal second quarter 2026 financial results on August 4, 2026, after market close. The company will hold a conference call to discuss the results the same day. Additionally, AMD plans to participate in several inves...
