In Q2 2026, AMD outperformed due to strong AI data center demand boosting CPU and GPU sales, driving record revenues. Verizon shares declined amid significant restructuring charges and pressure on defensive stocks. Coca-Cola benefited from its strong global brands, extensive distribution, and disciplined revenue management, showing resilience across market cycles. Parnassus Investments exited Bio-Rad Laboratories as its valuation no longer offered an attractive risk/reward profile. The Parnassus Value Equity Fund returned 17.86%, outperforming the Russell 1000 Value Index's 13.87%.
AMD has secured multi-year partnerships with Meta and OpenAI to provide 6 GW of AI infrastructure, potentially generating up to $120 billion in data center revenue through 2030. Their Helios platform, which integrates CPUs, GPUs, networking, and soft...
Advanced Micro Devices (AMD) is currently viewed as Nvidia's main competitor in AI, but market prices assume near-perfect execution and sustained high demand for AI products, which is unlikely. The valuation model estimates AMD's intrinsic value at $...
Microsoft and AMD have extended their strategic partnership to deploy AMD's next-generation Helios AI infrastructure on Microsoft Azure. This includes rolling out AMD Helios rack-scale systems designed for large-scale AI inference workloads, combinin...
Microsoft and AMD have expanded their strategic partnership to enhance AI infrastructure on Azure. Microsoft will deploy AMD's Helios Rackscale Solution, integrating AMD Instinct GPUs, EPYC CPUs, and Pensando networking to power advanced AI model inf...
Jeff Bezos' investment firm Bezos Expeditions joined a $450 million funding round for British startup CuspAI, which uses AI to discover new materials for semiconductors, clean energy, and advanced manufacturing. Valued at $2.6 billion, CuspAI recentl...
