Microsoft Corp. shares surged 15.5% on Thursday, their best day in nearly 18 years, after the company reported stronger-than-expected quarterly profit and signaled its heavy AI spending is translating…
Wall Street ended sharply higher on Thursday, with the S&P 500 climbing 1.66% to 7,437.63, the Nasdaq gaining 2.78% to 25,122.18, and the Dow Jones rising 1.19% to 52,208.06, as Microsoft surged over …
Oil prices slipped and world shares were mixed on Thursday as investors sold artificial intelligence-related stocks in Asia, with South Korea's Kospi falling 1.2% after losing more than 16% over the p…
Apple became the second company to reach a $5 trillion market capitalization, hitting $5.04tn on Tuesday, as investors fled AI and semiconductor stocks amid a broader tech sell-off. The iPhone maker's…
AMD's data center division posted $5.78 billion in revenue for Q1 2026, a 57% year-over-year jump, putting the company on track to exceed CEO Lisa Su's $100 billion annual data center revenue target b…
AMD CEO Lisa Su said the total addressable market for AI products will grow 45% a year through 2030 to $1.4 trillion, up from her previous estimate of $500 billion six months ago, driven by surging de…
AMD debuted new GPUs, CPUs, and processors for physical AI and robotics this week, challenging Nvidia's dominance in AI infrastructure. U.S. lawmakers proposed a 'kill switch' for rogue AI after OpenA…
Advanced Micro Devices (AMD) has announced partnerships with AI firms Anthropic and OpenAI, along with the launch of its new Helios systems, in a strategic push into the AI infrastructure market. AMD'…
Advanced Micro Devices (AMD) unveiled its Helios AI rack-scale system at the Advancing AI conference in San Francisco, directly challenging Nvidia's dominance in AI data center infrastructure. CEO Lis…
Advanced Micro Devices (AMD) announced new data center products, including microprocessors, an AI accelerator, and a server design, claiming they outperform rival Nvidia's offerings as the company tar…
AMD CEO Lisa Su defended open-source AI models on Thursday at the company's Advancing AI conference in San Francisco, following a security breach in which OpenAI agents hacked Hugging Face and were st…
Advanced Micro Devices unveiled its Helios rackscale systems for data centers, a new AI infrastructure product designed to compete directly with Nvidia. AMD is scheduled to report second quarter earni…
Cerebras Systems shares rose after the company announced a partnership with Advanced Micro Devices to combine their technologies for artificial intelligence systems, according to CNBC.…
AMD CEO Lisa Su unveiled the Helios AI platform at a San Francisco event to compete with Nvidia's Vera Rubin, claiming AMD has an edge in efficiency and cost. The platform includes the new Instinct MI…
AMD CEO Lisa Su said the AI accelerator market is growing at a 45% compound annual growth rate from $200 billion in 2025 to $1.4 trillion by 2030, up from her previous estimate of $500 billion. Su ann…
Advanced Micro Devices will unveil a next-generation AI infrastructure lineup Thursday in San Francisco, including the Venice CPU and Helios server rack, directly targeting Nvidia's data center domina…
Advanced Micro Devices is set to launch a raft of AI hardware on Thursday in San Francisco to challenge Nvidia, including its first-generation Helios server racks and Venice central processing unit fo…
Artificial intelligence infrastructure startup General Compute Inc. announced it secured $400 million in debt financing from investment firm Upper90, which will initially provide $100 million. The com…
Oil prices surged over 2% after the U.S. launched strikes on Iran, while Asian shares were mixed. Brent crude rose to $76.09 a barrel and U.S. benchmark crude to $72.25. Markets remain volatile amid A…
Advanced Micro Devices stock fell 6.5% to 10% on July 6, 2026, after Samsung Electronics' disappointing earnings triggered a broad semiconductor selloff. The decline affected peers Intel and Marvell, …