Here’s why AMD’s stock is rising — and sending a confident message about the AI trade
At a glance
The chip maker is showing “real” revenue from artificial intelligence, shrugging off sustainability concerns and leading to an upbeat forecast.
- Primary source
- MarketWatch.com - Top Stories — Read original article
- Published
- Topic
- Finance
The chip maker is showing “real” revenue from artificial intelligence, shrugging off sustainability concerns and leading to an upbeat forecast.
This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.
References
More in Finance
Beleaguered Novo offers relief to investors, thanks to Wegovy pill
Novo Nordisk stock jumped higher on Wednesday as the Danish drugmaker lifted its guidance on strong uptake of its weight-loss drug pill that has been launched this year.
Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off
Treasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.
Democrats win the House and Senate. Here’s what it means for your finances.
The results from the U.S. midterm elections are now clear and look likely to have effects on Americans’ investments and their wallets.
Super Micro’s stock pops as earnings show booming demand for AI servers
Super Micro is building out a “high-quality customer base” that’s fueling revenue growth, CFO Mark Long told MarketWatch.