News

Intel rose about sevenfold over 14 months.

Chip stocks are rebounding after sharp declines on Tuesday, a cooling-off following the early-week rally sparked by the U.S.-Iran peace deal.

Advanced Micro Devices, NVIDIA and other chip giants are targeting the fast-growing AI server CPU market as demand expands beyond generative AI.

The company famous for putting chips in your phone is quietly building a new business with the world's biggest data centers.

AMD (NasdaqGS:AMD) and Rackspace signed a multi year agreement to build dedicated AMD powered Enterprise AI Cloud infrastructure. The partnership focuses on governed and accountable AI compute for regulated sectors, including healthcare. The deal targets a phased rollout of 30 MW of AMD based data center capacity for AI workloads. AMD becomes the silicon partner for Rackspace's global governed AI infrastructure offering. For investors watching AMD, this agreement relates to the company’s...

Rackspace Technology (RXT) runs the infrastructure that many enterprises rely on when they want managed cloud services without building everything in-house. The San Antonio-based company operates across public and private cloud segments, handling the compute, storage, and security layers that sit ...

In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $507.29, denoting a -7.3% move from the preceding trading day.

Retail investors reassess growth favorites as Robinhood’s job cuts ripple through a market tilting toward industrial and financial stocks, today, June 16, 2026.

Rackspace inked a data center deal with Advanced Micro Devices.

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.89%. June E-mini S&P futures (ESM26 ) fell -0.60%, and June E-mini Nasdaq futures...

HPE played up a one-two punch in the emerging AI market, recently acquired Juniper Networks playing a big part in its strategy.

Rackspace will deploy AMD Instinct GPUs and EPYC CPUs across its global data centers

Advanced Micro Devices Inc (NASDAQ:AMD) is one of billionaire Ken Fisher’s top high growth stock picks. AMD stock has had a strong start to 2026, gaining more than 114% year-to-date. This semiconductor stock has surged more than 290% over the past year. On June 8, Advanced Micro Devices Inc (NASDAQ:AMD) and Imperial College London announced […]

AMD Stock Gains As New AI Deal Targets Critical Memory Bottleneck

Shares of Intel (NASDAQ:INTC) are down 7% at midday on Tuesday, while Advanced Micro Devices (NASDAQ:AMD) stock is sliding 6%. The pullback comes after a torrid multi-session rally in both names. Intel stock closed yesterday at $127.86, having climbed 18% over the past month. AMD stock ended Monday at $547.26, an all-time high. No fresh ... Intel Tumbles 7% Despite BoA Double Upgrade, AMD Slides 6% as AI Infrastructure Deal Can’t Stop Profit-Taking

Yahoo Finance's Julie Hyman takes a closer look at some of Tuesday's trending tickers and stories, including Yum Brands' (YUM) sale of Pizza Hut, Qualcomm's (QCOM) reported interest in acquiring an AI chip company, Robinhood (HOOD) cutting 10% of its workforce, and Rackspace's (RXT) job cuts.

Sister funds ARKQ and ARKX reported only sales on Monday, with no buys across the three Wood-managed ETFs that traded.

Rackspace Technology strikes a deal with Advanced Micro Devices to use AMD chips in its AI data centers.

Western Digital stock jumped again on Tuesday as the AI memory and storage trade reignited.

Western Digital jumped again on Tuesday as the AI memory and storage trade reignited.

Monday's sales follow a major liquidation last week that was used to fund purchases of SpaceX stock.

Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worthwhile to examine what the stock has in store.

AMD, INTC, ARM, NVDA and QCOM are ramping AI server CPU efforts as agentic AI fuels a market projected to exceed $170 billion by 2030.

Rackspace announced an agreement with AMD for chips to power its data centers and to fund the project, the company is cutting 15% jobs across the board.

Deal targets costly data center bottlenecks for customers

Qualcomm stock has risen 68% in three months ahead of an expected unveiling of its data-center chip plans and it could be lining up an acquisition to bolster its strategy.

Major AI Compute Partnership Boosts Rackspace StockRackspace Technology (NASDAQ:RXT) shares surged 30% on Tuesday after the company announced a definitive agreement with AMD (NASDAQ:AMD) to deploy 30 megawatts of AI computing infrastructure powered by AMD technology. The deal formalizes the Memorandum of Understanding the two companies unveiled on May 7, 2026, and establishes AMD as a key strategic technology partner within Rackspace’s managed artificial intelligence platform.

Investing.com -- Rackspace Technology (NASDAQ:RXT) shares rose 30% Tuesday after the company signed a definitive agreement with AMD (NASDAQ:AMD) for the phased deployment of 30 MW of AMD-based AI compute infrastructure.

Rackspace Technology strikes a deal with Advanced Micro Devices to use AMD chips in its AI data centers.

The acquisition aims to address escalating data centre memory bottlenecks driven by AI and cloud workloads.