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Is Advanced Micro Devices, Inc. (AMD) One of the Best Growth Stocks to Buy, According to Billionaire Ray Dalio’s Bridgewater Associates?
Insider Monkey49d agobullish
Is Advanced Micro Devices, Inc. (AMD) One of the Best Growth Stocks to Buy, According to Billionaire Ray Dalio’s Bridgewater Associates?

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best growth stocks to buy, according to billionaire Ray Dalio’s Bridgewater Associates. On June 16, Advanced Micro Devices, Inc. (NASDAQ:AMD) and Rackspace Technology (NASDAQ:RXT) finalized a binding agreement for the phased deployment of 30 MW of AMD‑based compute across Rackspace’s global data centers, beginning in late 2026 […]

AMD (AMD) Buys MEXT To Tackle AI Data Center Memory Bottlenecks
Simply Wall St.49d agobullish
AMD (AMD) Buys MEXT To Tackle AI Data Center Memory Bottlenecks

Advanced Micro Devices (NasdaqGS:AMD) has agreed to acquire MEXT, an AI native memory optimization company focused on data center workloads. The deal targets memory bottlenecks in enterprise and cloud AI environments, with MEXT's technology expected to be integrated into AMD's data center portfolio. The acquisition supports AMD's push to build a more complete AI infrastructure stack across both hardware and software layers. Advanced Micro Devices enters this deal with strong recent stock...

Intel shares rise after Trump announces Apple partnership
Reuters Videos49d agobullishVIDEO
Intel shares rise after Trump announces Apple partnership

<body><p>STORY: ::Intel</p><p>::Archive</p><p>Shares of Intel rose as much as nearly 12% on Thursday, after U.S. President Donald Trump said the company would partner with Apple on chip design and production...</p><p>:: Intel</p><p>in what would be a major boost for Intel's efforts to turn around its business.&nbsp;</p><p>A contract with Apple would lock in steady demand from the iPhone maker, boosting Intel's reputation and sales as it looks to close the gap with rival TSMC, the world's biggest contract chipmaker.</p><p>::Archive</p><p>::AMD</p><p>For Apple, the deal would help diversify its manufacturing base and add chip capacity at a time when TSMC, its key partner, has been stretched thin by surging demand from AI chip-making clients such as Nvidia and AMD.</p><p>Trump's social media post about the agreement did not specify which chips Intel would make for Apple.</p><p>The president said it was his latest effort to help Intel, in which the U.S. government has a 10% stake.</p><p>::Archive</p><p>The Trump administration has been stepping up efforts to secure U.S. supply chains for semiconductors and critical minerals, including taking equity stakes in companies to reduce reliance on China.</p><p>Apple and Intel did not immediately respond to Reuters requests for comment.</p></body>

Bernstein sees something in AMD beyond Nvidia’s shadow
TheStreet49d agoneutral
Bernstein sees something in AMD beyond Nvidia’s shadow

Advanced Micro Devices (AMD)’s AI story might be getting a lot bigger in a place investors haven’t been watching closely enough. According to TheFly, Bernstein’s latest note on the AI chip giant goes beyond GPUs, where it has been trying to close the gap with Nvidia. It’s about CPUs becoming a lot ...

UP 280% YTD, Will AMD’s Rally Continue?
24/7 Wall St.49d agobullish
UP 280% YTD, Will AMD’s Rally Continue?

The 24/7 Wall St. price target for Advanced Micro Devices (NASDAQ:AMD) is $561.83 over the next 12 months. With AMD trading at $507.29 after a brutal 7.3% single-day reset on June 16, our proprietary model still points to roughly 10.75% of upside from here. Our recommendation is buy, with a confidence level of 90%. The ... UP 280% YTD, Will AMD’s Rally Continue?

Donald Trump’s Q1 Portfolio Was Just Revealed. He Just Poured Millions Into These 3 Unstoppable AI Stocks.
24/7 Wall St.49d agoneutral
Donald Trump’s Q1 Portfolio Was Just Revealed. He Just Poured Millions Into These 3 Unstoppable AI Stocks.

President Trump’s May 2026 OGE Form 278-T disclosure revealed something genuinely unusual in volume, with more than 3,600 individual stock trades in the first quarter of 2026, with heavy concentration in AI infrastructure bought during the March selloff. Executive-branch disclosures report value ranges and dates, not share counts, so any precision beyond brackets like “$1 ... Donald Trump’s Q1 Portfolio Was Just Revealed. He Just Poured Millions Into These 3 Unstoppable AI Stocks.

Buy, Hold, or Sell: Rackspace Is Up 675% This Year, Is It a Buy Today?
24/7 Wall St.49d agoneutral
Buy, Hold, or Sell: Rackspace Is Up 675% This Year, Is It a Buy Today?

At $7.53, Rackspace Technology (NASDAQ:RXT) is a Hold, with an aggressive Buy trigger if a macro panic drags shares back to $5.00. After a 675.57% year-to-date rip, the real question is how much is already priced in. Rackspace operates hybrid multicloud services across a shrinking legacy Private Cloud business and a growing Public Cloud managed ... Buy, Hold, or Sell: Rackspace Is Up 675% This Year, Is It a Buy Today?

Dell (DELL) Powers Cambridge AI Supercomputers For Climate, Healthcare And Fusion Research
Simply Wall St.50d agoneutral
Dell (DELL) Powers Cambridge AI Supercomputers For Climate, Healthcare And Fusion Research

Dell Technologies (NYSE:DELL) is supplying key infrastructure for the University of Cambridge’s new Zenith and Sunrise AI supercomputers. The partnership with Cambridge and AMD focuses on national-scale AI systems for scientific and research use. The platforms are intended to support projects in climate modeling, healthcare research, fusion energy, and materials science. Dell Technologies is best known for its PCs, servers, and enterprise storage, and the Cambridge projects spotlight a...

Rackspace Technology (RXT) Is Up 42.5% After Cost-Cutting To Fund AMD-Powered AI Expansion
Simply Wall St.50d agoneutral
Rackspace Technology (RXT) Is Up 42.5% After Cost-Cutting To Fund AMD-Powered AI Expansion

Earlier this month, Rackspace Technology announced a phased agreement with AMD to deploy 30 MW of AMD AI compute across its global data centers through 2028, while approving a workforce realignment that will cut about 15% of its global staff and incur an estimated US$14.00 million to US$19.00 million in one-time charges during 2026. The company plans to redirect much of the expected US$75.00 million to US$85.00 million in annualized cost savings toward building governed enterprise AI...

Trump says Apple to work with Intel to manufacture chips in US
Reuters50d agoneutral
Trump says Apple to work with Intel to manufacture chips in US

President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

Trump says Apple to partner with Intel on US chip design, production
Reuters50d agoneutral
Trump says Apple to partner with Intel on US chip design, production

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed ‌to work with Intel to design and manufacture its chips ‌in the United States. A partnership with Intel helps Apple diversify its manufacturing base ​as it seeks additional chip capacity. The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD.

Rackspace Technology (RXT) Hits 4-Year High on AMD Compute Deal
Insider Monkey50d agoneutral
Rackspace Technology (RXT) Hits 4-Year High on AMD Compute Deal

Rackspace Technology Inc. (NASDAQ:RXT) is one of the 10 Stocks Making Investors Richer. Rackspace Technology soared to a four-year high on Wednesday, extending a winning streak to a third consecutive day, as investors gobbled up shares after clinching a new 30 MW cloud computing deal with Advanced Micro Devices (AMD). In intra-day trading, Rackspace Technology […]