Chip stocks Intel, AMD, and NVIDIA dropped sharply after an AI CEO's weekend call urged slowing AI development to manage risks, sparking investor caution. Intel fell 7%, AMD 6%, and NVIDIA 3%, with the unusual order suggesting profit-taking and position adjustments rather than a direct hit to AI demand. Despite the sell-off, AI chip revenue forecasts remain strong, and major companies reaffirm robust demand. Investors should watch upcoming earnings and cloud spending for signs of sustained AI growth or further market shifts.
Intel reported its strongest revenue growth in over 15 years with Q2 2026 revenue hitting $16.128 billion, driven by a 59% surge in Data Center and AI revenue. Shares have tripled in the past year, rising 318%, but momentum is slowing due to ongoing ...
Jim Cramer highlighted large flex-call option purchases in tech and energy stocks like Bloom Energy and Intel, raising questions about the buyer's identity. Weeks earlier, a House disclosure showed Pelosi's spouse had bought shares and call options i...
TSMC's stock is currently priced at $428.29 with a 24/7 Wall St. price target of $492.37, suggesting a potential upside of about 15%. The company reported strong Q2 2026 results, including a 36% revenue increase year-over-year and raised its full-yea...
Intel's stock rose 3% after reports that it plans to raise prices on selected PC processors by 10%, reversing a recent selloff. This price increase could boost Intel's gross margins, supporting its ongoing recovery driven by AI demand and supply cons...
Intel's stock price has surged over 300% in the past year, reaching around $100, driven by strong revenue growth and strategic investments. Despite a $11 billion GAAP loss in Q2 due to non-cash charges and ongoing foundry losses, the company shows op...
