But AMD, like you said, down about 7% even after a record quarter. Revenue jumped 50% driven by data center business that doubled from a year ago and now makes up nearly 60% of the company. And yet shares are down because after more than doubling this year, a beat just wasn't enough for this crowd.So why are we seeing the sell-off. The guide topped Wall Street, but not the whisper numbers, which are increasingly more important. Growth is somewhat slowing.Capital spending came in nearly three times what anal ...

Market Trends and Stock Performance - Dow Jones Industrial Average and S&P 500 achieved a fifth consecutive day of gains and set new record highs, with the Dow adding 434 points to reach 54,520, and the S&P 500 rising 7 points or a tenth of 1% [1] - NASDAQ moved between gains and losses following a four-day winning streak and 2% jumps on Monday and Tuesday, eventually dipping lower by 25 points or a tenth of 1% [1] - S&P 500 and NASDAQ are on pace for their largest weekly gains in nearly 4 months, while the Dow is on track for its best week since April 2025 [3] Corporate Earnings and AI Sector Dynamics - Financial markets are being driven by a robust earnings season with 86% of companies beating Earnings Per Share (EPS), achieving a 47% year-over-year growth rate and marking seven consecutive quarters of double-digit growth [2] - AI hyperscalers are identified as the market winners, specifically companies making heavy investments and successfully monetizing AI such as Oracle, Microsoft, Amazon, and Google [2][3] - Chipmaker Advanced Micro Devices (AMD) experienced a decline of more than 6% as the biggest loser among NASDAQ 100 stocks due to investor concerns that AI spending is not accelerating revenue growth fast enough [4] - E-commerce software firm Shopify led the NASDAQ 100 with a nearly 18% gain after reporting better-than-expected profit and revenue for its latest quarter, which alleviated worries regarding its AI spending levels [4][5]

All right. How are you guys doing. That is actually very energetic for a developer crowd.So look, I'm really happy that you could be here with us for the last two days and especially through this session. It turns out that this is the last official session of the conference. There's more networking and other things afterwards.And when we were talking about who should we invite for a fireside chat, I couldn't think of a better person than my friend Clem as CEO of Hugging Face, because one of the things, and ...

Scale-up first. Scale-out when it matters. This session sets the foundation for how AI workloads are evaluated across the ecosystem - training, inference, agentic - and how AMD Helios is architected to support both. Learn how to match workload profiles to the right infrastructure pattern, from rack-scale density to distributed deployment at production scale. Discover more: https://www.amd.com/en/corporate/events/advancing-ai/sessions-catalog/deploying-rack-scale-ai-infrastructure-with-amd-helios.html *** Su ...

AI Startups and Digital natives aren't waiting for AI to mature; they're shipping it. In this session, Negin Oliver hosts a candid conversation with founders and builders moving fastest on AMDInstinct infrastructure. Anush Elangovan joins customers, redefining what production AI looks like: learner stacks, faster iteration, and architectures. Hear how these teams accelerated deployment, optimized performance, and built next-generation AI applications before the enterprise had caught up.;AI Startups and Digi ...

Thank you everybody for joining us after lunch. We have Nick Ni, a senior director, AI group at AMD, leading AI developer relations and driving initiatives spanning developer conferences, hackathons, developer programs, and open source contributions. With 20 plus years across AMD, Xilinx, Altera, Qualcomm, he specializes in AI infrastructure, product strategy, and scaling emerging technologies into impactful business growth while bridging cutting-edge, AI innovation with real-world adoption.Give it up for N ...

Our data center business is accelerating. We're extremely excited about our foundational model um large strategic partners like OpenAI and Meta and we just added Anthropic uh to the mix there. And this is a case where you know we do see our data center business growing well over 100% as we go into 2027.And and those are just very large numbers when you think about you know the base that we're on top of. ...

Well, AMD, one of those chip names on fire over the past few sessions, but it's heading lower after second quarter results out moments ago. Joining us now, Stacy Rasgen, Bernstein senior semis analyst. He's got an outperform rating, a $600 price target on the stock.Stacy, great to have you with us. What's your take on the quarter and why the stock is down by about four and a half%. >> Yeah, you know what.I I think it looks fine. Like, there's nothing wrong with it. I I do think post Intel Intel had some ver ...

Financial Performance and Growth - Advanced Micro Devices experienced a strong quarter, achieving year-on-year revenue growth of over 50% [2] - The data center business is projected to grow well over 100% heading into 2027 [5] Market Trends and Demand - The overall market for computing, adaptive high-performance, and adaptive computing is projected to exceed $2 trillion by 2030 [4] - The artificial intelligence market has experienced an inflection in demand over the past 6 or 7 months, particularly within the central processing unit market [7] Strategic Partnerships and Enterprise Adoption - Strategic foundational model partners include OpenAI, Meta, and newly added Anthropic [5] - Enterprise customers are transitioning artificial intelligence workloads from experimentation into production, driving demand for both central processing unit and graphics processing unit compute [8]

[music] This is Guru Focus first look, your morning market brief for Wednesday, August 5th. Here are the stories driving markets today. SpaceX shares dropped 12% after the company's first earnings report revealed significant investments in artificial intelligence, raising investor concerns about rising costs.The report highlighted that the private space firm is channeling substantial resources into AI development which has weighed on its valuation in the secondary market. The move comes as the broader techn ...