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AMD expected to launch next generation of AI infrastructure to challenge Nvidia
Reuters13d agoneutral
AMD expected to launch next generation of AI infrastructure to challenge Nvidia

Advanced Micro Devices is set to launch a raft of AI hardware that ‌will rival Nvidia on Thursday at an event at a downtown convention ‌center in San Francisco. AMD is attempting to capture market share from Nvidia in the fast-growing data center ​chip sector, especially for so-called inference computing, which is the data crunching that occurs when a user queries a chatbot such as OpenAI's ChatGPT. AMD is expected to show off the company's data center hardware that includes its first-generation server racks called Helios, which ‌it is marketing as a ⁠rival to a similar design from Nvidia, which is rolling out its second-generation product this year.

Nvidia supplier Wistron launches $700 million Texas factory for AI system production
Reuters14d agoneutral
Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million ‌manufacturing facility in Texas on Tuesday to ‌produce the U.S. chipmaker's latest AI systems, as Taiwanese electronics ​makers expand U.S. production to meet soaring demand for AI infrastructure. • The Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell ‌Ultra Superchip. Nvidia ⁠CEO Jensen Huang has described the AI system built around the product as "the ⁠most powerful AI supercomputer in the world."

AMD stock gets a new reason to watch from Bank of America
TheStreet14d agoneutral
AMD stock gets a new reason to watch from Bank of America

Advanced Micro Devices (AMD) stock jumped more than 7% Tuesday, July 21, as investors cheered the chipmaker's latest AI infrastructure push and looked ahead to its key AI event. On Monday, July 20, AMD introduced Helios, its first rack-scale AI system, which is expected to begin shipping later this ...

Nvidia, Micron just got hit by an AI model from Beijing
TheStreet15d agoneutral
Nvidia, Micron just got hit by an AI model from Beijing

Every market boom eventually runs into the same problem, and it rarely shows up where investors expect it. You ride a simple story — in this case, artificial intelligence needs endless chips and data centers — straight up the chart until the numbers stop feeling real. Then something jolts the ...

Associated Press15d agoneutral
How major US stock indexes fared Tuesday 7/21/2026

The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite climbed 1.3%. Micron Technology and Nvidia were the two strongest forces lifting the market as AI stocks climbed for a second straight day after tumbling the week before. The Nasdaq composite rose 329.13 points, or 1.3%, to 25,837.21.

AMD just landed its biggest AI deal yet
TheStreet15d agoneutral
AMD just landed its biggest AI deal yet

AMD has broken a chip monopoly before. In the 2000s, it took server market share away from Intel’s dominant x86 processors, forcing years of price and performance competition that reshaped enterprise computing. Two decades later, AMD is attempting a similar disruption, this time against Nvidia’s ...