Core Viewpoint - UBS maintains a Buy rating and a price target of $265 for Advanced Micro Devices Inc. (AMD), anticipating strong third-quarter results driven by high demand in server, client CPU, and data center GPU sectors [1] Group 1: Third Quarter Expectations - AMD's revenue is expected to approach the upper end of guidance, near $9 billion, with server sales potentially enhancing gross margins [1] - Data center GPU revenue is projected to be approximately $1.7 billion for the third quarter [1] Group 2: Fourth Quarter Projections - UBS keeps its revenue estimate for the fourth quarter at $9.3 billion, about $200 million above the consensus, with potential guidance up to $9.5 billion due to ongoing demand from cloud and AI customers [2] - Data center GPU revenue is forecasted to reach around $2.4 billion in the fourth quarter, an increase of $700 million from Q3, driven by MI355x chip shipments to major clients like Meta Platforms and Oracle Cloud [2] Group 3: Client Computing and Future Outlook - AMD's client computing business is expected to perform flat to slightly higher quarter-over-quarter, showing stronger results than typical seasonal trends [3] - A modest dip in first-quarter 2026 revenue is anticipated due to normal seasonality, but a bullish multi-year outlook for the data center GPU segment is expected, supported by the upcoming launch of MI455 next year [3]

AMD is teaming up with the US Energy Department to develop a pair of supercomputers at the Oak Ridge National Laboratory that will deploy the company’s AI chips to seek breakthroughs in energy and scientific research https://t.co/sxzRFAotVp ...

floor show. Kenny Pari is here. He's chief market strategist at Slate Stone.We Well, Kenny, records galore. I was passing Larry Cuddlo up in in up on the 20th floor and he said, "Lizzy, lot of a lot of uh records here, Lizzy." And and I think it's really fascinating. It really speaks to the fact that investors in the markets don't love trade tensions or tariffs.Right. >> Right. It It's a bonanza.Everywhere you look, everything's in the green. Look at your your screen over there. all those socks in the green ...

Core Insights - The investment in artificial intelligence (AI) and its innovators has been a significant driver of stock market growth in 2025, with companies across various sectors recognizing the value of AI technologies [1] - IBM has made a notable advancement in quantum computing by demonstrating that its error correction algorithm can operate on standard AMD processing chips, which could accelerate the development of quantum computing [2] - The potential of quantum computing to enhance processing power may significantly boost AI innovation, as seen with AI programs utilizing quantum computing transformers for complex problem-solving [4] Company Developments - IBM's research indicates that its quantum computing solutions can address common issues in the field, which could lead to substantial progress for the entire quantum computing sector [2] - The implementation of IBM's quantum computing algorithm is reported to be ten times faster than required, highlighting its significance in the industry [3] Investment Opportunities - The ROBO Global Artificial Intelligence ETF (THNQ) includes IBM among other companies linked to the AI growth narrative, tracking the ROBO Global Artificial Intelligence Index [5] - The THNQ ETF has achieved a return of 19.2% over the last three months, outperforming its category, and has also shown strong performance over one, three, and five-year periods, making it an attractive option for investors seeking AI exposure [6]

Group 1 - Advanced Micro Devices (AMD) share prices have surged due to a transformative deal to supply chips for OpenAI, with a recent increase of 2.72% bringing the current price to $259.81 [1][5] - The upcoming third-quarter earnings report is expected on November 4, and investors are looking ahead to management's projections for 2026 [2][7] - The demand for data center capacity is increasing, benefiting AMD as a top supplier of chips for data centers, with positive investor sentiment surrounding this trend [4] Group 2 - AMD's market capitalization stands at $410 billion, with a 52-week price range of $76.48 to $260.39 [6] - The stock is currently trading at 63 times the 2025 earnings estimates, a significant increase from about 40 prior to the OpenAI news [6] - Consensus estimates suggest that AMD's earnings will accelerate in 2026, bringing the forward price-to-earnings multiple down to a more reasonable 40 [7] Group 3 - AMD's MI450 Instinct GPUs are identified as a major growth catalyst, with potential for the stock to double in the next three years based on an annualized earnings growth estimate of 39% [8] - The attractive growth prospects in the AI chip market position AMD as a solid long-term investment opportunity [8]

What's wonderful about Oak Ridge National Lab is just the incredible breadth of work that we do here. Every day I come into work and it's something new, it's something different. And inevitably, it also ties back to computing.We've had a long and storied history of being a place where major discoveries are made. And supercomputing has been a huge part of that. You see a lot of interesting science advancements.And at the OLCF, with Frontier now as the nation's first exascale supercomputer, you see some wonde ...

Core Insights - AMD and the U.S. Department of Energy (DOE) announced two next-generation supercomputers, Lux AI and Discovery, aimed at enhancing U.S. leadership in artificial intelligence (AI) and high-performance computing (HPC) [2][3] - The combined investment for these systems is projected to be $1 billion, sourced from both private and public funding, to establish a secure AI infrastructure in the U.S. [3][7] Group 1: Supercomputer Details - The Lux AI supercomputer, co-developed with ORNL, Oracle Cloud Infrastructure, and HPE, will be the first dedicated U.S. AI factory for science, set to be deployed in early 2026 [4][9] - Discovery will feature next-gen AMD EPYC CPUs and MI430X GPUs, designed specifically for sovereign AI and scientific computing, and is expected to be operational by 2029 [5][16] - Both supercomputers will support the U.S. AI Action Plan by accelerating AI-enabled science and enhancing national competitiveness [7][10] Group 2: Strategic Partnerships - The collaboration between AMD, DOE, ORNL, HPE, and Oracle emphasizes the importance of public-private partnerships in advancing scientific research and innovation [4][8] - U.S. Secretary of Energy Chris Wright highlighted the need for creative partnerships to maintain leadership in AI and science [6] - The partnership aims to leverage advanced computing technologies to address challenges in energy, medicine, and national security [3][4] Group 3: Expected Outcomes - Lux is designed to enhance the U.S. capacity for scientific AI, facilitating breakthroughs in various fields including energy innovation and national security [10][11] - Discovery aims to deliver higher performance and energy efficiency, driving advancements in critical areas such as advanced materials and manufacturing [14][17] - The integration of AI and HPC through these supercomputers is expected to significantly accelerate the pace of scientific innovation in the U.S. [12][13]

Core Insights - Qualcomm Incorporated has announced its entry into the AI sector, marking a significant shift in the company's narrative [1] Group 1: Company Developments - The announcement of Qualcomm entering the AI market is expected to change the company's growth trajectory and investment appeal [1] Group 2: Market Implications - This strategic move into AI could position Qualcomm favorably against competitors in the technology sector, potentially enhancing its market share and revenue streams [1]

Market Analysis by covering: Intel Corporation, NVIDIA Corporation, S&P 500, Advanced Micro Devices Inc. Read 's Market Analysis on Investing.com ...

Chipmakers and Big Tech led the rally. Qualcomm soared 13% to a new record after unveiling its latest AI-powered Snapdragon chips, directly challenging Nvidia and AMD in the booming AI hardware market. Nvidia rose 2%, Broadcom added 1%, and AMD gained nearly 1.5%, pushing the semiconductor index to new highs. Meanwhile, Tesla jumped 4% on upbeat delivery projections, and Apple climbed 1%, edging closer to a historic $4 trillion market cap. The rally in mega-cap tech fueled broad market strength, reinforcin ...