Shares in Advanced Micro Devices and Intel surge after AMD CEO Lisa Su flags surging demand for central processing units.
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Shares in Advanced Micro Devices and Intel surge after AMD CEO Lisa Su flags surging demand for central processing units.
U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket trading and is on track to hit a record high if gains hold in market hours, while rival Intel rose 6%. Chip designer Arm Holdings soared 11%, while Qualcomm gained about 4%.
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Investing.com -- Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, driven by strong demand for its data center chips. Shares rose 17% in premarket trading on Wednesday.
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After another dizzying rally yesterday, Intel shares closed at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.
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Intel Corp. (NASDAQ:INTC) is one of the 10 Stocks Turning Heads With Double-Digit Gains. Intel Corp. climbed to a fresh all-time high on Tuesday as investors began positioning portfolios ahead of the upcoming participation of its chief executive officer (CEO), Lip-Bu Tan, in a technology conference this month. In an updated report, Intel Corp. (NASDAQ:INTC) […]
The market capitalisation of Samsung Electronics' common stock surpassed $1 trillion on Wednesday, making it the second Asian company after TSMC to reach the milestone. Samsung Electronics, the world's top memory chipmaker, saw its market value reach 1,500 trillion won ($1.03 trillion) in early trading in Seoul on Wednesday, tracking sharp gains of AI-related stocks in the U.S. overnight. Shares of the South Korean chip giant were up 12% at 09:52 a.m.
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Atomera (NASDAQ:ATOM) executives said the company made progress across several customer engagements during its first-quarter 2026 earnings call, highlighting momentum in advanced logic, memory, RF, power devices, and gallium nitride (GaN) applications for its Mears Silicon Technology (MST). Gate-Al
After another dizzying rally on Tuesday, Intel shares now stand at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.
Apple is in early talks with Intel about using Intel's U.S. facilities to manufacture chips. The discussions focus on Apple potentially adding Intel as a supplementary or alternative supplier to TSMC. The talks are described as preliminary, with no formal agreement announced. For investors watching NasdaqGS:INTC, these discussions come at a time when the stock is trading at $108.18, following very large 1 year returns and a 174.7% return year to date. The share price move has been...
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The company is seeing robust demand for its AI processors and data center GPUs.
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