Tag: Advanced Micro Devices Inc
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Chip stocks that notched record rallies in second quarter start Q3 with a dud
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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CNBC Daily Open: AI demand fuels investors’ portfolios while oil posts biggest monthly decline
The tech space continues to be fueled by rising artificial intelligence demand, with investors piling their portfolios in the technology, while Amazon Web Services dabbles with Forward Deployed Engineering units to better compete with OpenAI and Anthropic.
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Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
Wall Street poured into chipmakers not named Nvidia in the second quarter, as the artificial intelligence boom expanded to include more suppliers.
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Another DeepSeek moment? What’s really behind the tech sell-off
Another Chinese model looks nearly as good as Anthropic for a fraction of the price, analysts say
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Fundstrat’s Lee joins Wall Street bulls in calling for S&P at 8,000
Fundstrat Global Advisors’ Tom Lee has joined a growing chorus of Wall Street bulls forecasting the S&P 500 will end the year at 8,000.
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Tom Lee says this is a classic opportunity to buy the dip in chip stocks once again
He describes the downturn this week as “buyable pullback.”
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OpenAI unveils first chip as part of Broadcom deal in effort to ‘build the full stack’
Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño.
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These chip stocks are surging due to sky-high CPU demand. UBS sees more gains ahead
Advanced Micro Devices and ARM Holdings could see their shares appreciate further as hyperscalers order more CPUs to power their AI models, according to UBS.
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BlackBerry has morphed into a ‘mission critical’ player in tech, making it a buy, says Stifel
The investment firm initiated coverage of BlackBerry with a buy rating.
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Why FedEx is down after a strong quarter — and its impact on our stock rating
We knew this report would be transitional, even messy, given the separation of FedEx Freight.
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