Wells Fargo raises price target on AMD stock to $615. Here’s why the firm remains bullish on AMD shares for the remainder of 2026.
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Investing.com -- Three major chipmakers gained about $2 trillion in combined market value during the second quarter as investors expanded their artificial intelligence holdings beyond Nvidia.
Qualcomm, which just a few years ago had no data-center revenue, intends to generate $15 billion in data-center sales by 2029.
Wells Fargo's Bold AMD Call Sends Chip Stock Surging
Intel Stock Pops After Top Analyst Signals Massive AI Opportunity

Market Domination Host Josh Lipton tracks several of the day's top trending stock tickers, including Advanced Micro Devices (AMD) shares getting a lift after Wells Fargo analysts boosted their price target on the chipmaker's stock, while Circle Internet Group (CRCL) plummets on reported stablecoin competition from other firms.
I keep hitting the buy button on AMD because Lisa Su has stopped chasing NVIDIA and started co-designing the next phase of AI infrastructure alongside it. Every few months I tell myself the position is full, and every few months AMD (NASDAQ:AMD) gives me a fresh reason to add. The May earnings report was the ... Traders Bet Big on Lisa Su: Why This Chip Titan Is Primed to Siphon Nvidia’s Data Center Dominance
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
Chip stocks are catching a strong risk-on bid at midday Tuesday, with mega-cap semiconductors leading the broader tape higher. Intel (NASDAQ:INTC) stock is up 7% to $140.56, while Advanced Micro Devices (NASDAQ:AMD) stock is up 7% to $577.13. The leveraged sector proxy is moving even harder. Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL) shares are ... Intel, AMD Jump 7% as Chip Stocks Catch a Risk-On Bid
Intel could be a winner in the next AI market shift, but is its success already priced in?
AMD could be a winner in the next AI market shift, but does its stock cost too much?
We're about to tie a bow on the best first-half year of trading since 2021.
Cencora (COR) was Smart Insider's stock pick of the week after Chair Mark Durcan bought $1 million i
NVIDIA's shift to Data Center and Edge Computing reporting gives investors clearer insight into AI-led revenue drivers across cloud, enterprise and physical AI.
There has been a great deal of discussion about whether the stock market will eventually start to sell off the Magnificent Seven. In June, as a group, their market cap dropped $2.3 trillion. Of course, the drop is uneven, but given how important they are to the market’s incredibly long rally, it is a warning ... Magnificent Seven Value Drops $2.3 Trillion In June
Nvidia sits at the center of this story as the single largest driver of the sector’s index weight expansion over the past few years amid the AI boom. However, the broadening of the semiconductor trade to include Broadcom, TSCM, ASML, AMD, and more recently memory stocks like Micron and SanDisk has pushed the index higher and higher.
Advanced Micro Devices stock has more upside with CPU demand continuing to be strong through the end of the decade, according to analysts.
Chipmakers reach unprecedented share of the benchmarkSemiconductor companies now account for a record 19. 7% of the S&P 500, almost four times their weighting of around 5% in June 2020, according to Citadel Securities strategist Scott Rubner.
Nvidia stock was edging up early Tuesday at the end of an underwhelming first half of the year. The shares were rising 0.8% to $196.65 in premarket trading. The major issue for Nvidia is that the huge spending on AI chips is now being spread out among a wider range of semiconductor companies.
US stocks have been predicted to extend their recovery on Tuesday, as investors approach the final session of a second quarter that has delivered a strong rebound for many risk assets. Futures pointed to a slightly firmer open, with S&P 500 futures up 0.1%, Nasdaq futures up 0.35% and Dow...