{"slug": "tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news", "title": "Tech stocks live: Chip stocks recover from last week's losses on Google, AMD news", "summary": "Chip stocks recovered Monday, with the Philadelphia Semiconductor index climbing more than 2.6%, after last week's rout sent them into a bear market. AMD rose on news of a deal with Microsoft to deploy its Helios rackscale AI computing platform later this year, while Google climbed about 2.5% after The Information reported it is working on a new chip called Frozen v2 to power its Gemini AI services.", "body_md": "# Tech stocks live: Chip stocks recover from last week's losses on Google, AMD news\n\nChip stocks recovered some of their losses Monday after last week's rout sent them into a bear market. Shares of the Philadelphia Semiconductor index ([^SOX](https://finance.yahoo.com/quote/%5ESOX/)) climbed more than 2.6% by midday.\n\nAMD ([AMD](https://finance.yahoo.com/quote/AMD/)) stock also rose on news it signed a deal with Microsoft ([MSFT](https://finance.yahoo.com/quote/MSFT/)) to deploy its Helios rackscale AI computing platform laster this year. Helios is designed to go head-to-head with Nvidia's ([NVDA](https://finance.yahoo.com/quote/NVDA/)) popular NVL72 rack systems and stands as AMD's first true competitor to the market-leading powerhouse.\n\nElsewhere, Google ([GOOG](https://finance.yahoo.com/quote/GOOG/), [GOOGL](https://finance.yahoo.com/quote/GOOGL/)) stock climbed roughly 2.5% after [The Information reported](https://www.theinformation.com/articles/google-plans-new-frozen-chip-run-ai-models-efficiently?rc=ongkfp) that the company is working on a new kind of chip to power its Gemini AI services called Frozen v2. The processor would include bits of Gemini built directly into the chip, which could help speed up performance versus.\n\nGoogle will report its second quarter earnings on Wednesday, with Intel ([INTC](https://finance.yahoo.com/quote/INTC/)) following Thursday, providing Wall Street with an updated look at both data center investing among hyperscalers and chip demand from semiconductor companies.", "url": "https://wpnews.pro/news/tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news", "canonical_source": "https://ca.finance.yahoo.com/news/tech-stocks-live-chip-stocks-recover-from-last-weeks-losses-on-google-amd-news-164334720.html", "published_at": "2026-07-20 16:43:34+00:00", "updated_at": "2026-07-20 17:11:22.312360+00:00", "lang": "en", "topics": ["ai-chips", "artificial-intelligence", "ai-infrastructure", "ai-products"], "entities": ["AMD", "Microsoft", "Google", "Intel", "Nvidia", "Philadelphia Semiconductor index", "Helios", "Frozen v2"], "alternates": {"html": "https://wpnews.pro/news/tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news", "markdown": "https://wpnews.pro/news/tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news.md", "text": "https://wpnews.pro/news/tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news.txt", "jsonld": "https://wpnews.pro/news/tech-stocks-live-chip-stocks-recover-from-last-week-s-losses-on-google-amd-news.jsonld"}}