Core Insights - United States Representative Cleo Fields made significant stock purchases in Oracle and Advanced Micro Devices ahead of a major AI partnership announcement between the two companies [1][4][6] Group 1: Stock Purchases - Fields purchased approximately $350,000 worth of Oracle and AMD stock combined shortly before the AI chip deployment deal was announced [1] - The purchases included multiple transactions for Oracle shares in September, valued between $15,000 and $100,000 each, and AMD stock valued between $15,000 and $50,000 on August 15 [2] Group 2: Stock Performance - Following the announcement of the partnership, AMD shares increased over 3% to $223, while Oracle's stock decreased about 2% to $301, indicating differing investor sentiment towards the two companies [5] - AMD's stock has gained nearly 19% in value since Fields' purchase, while Oracle's stock performance has been mixed, showing modest gains and slight declines [2][3] Group 3: Partnership Details - The partnership involves Oracle's Cloud Infrastructure division deploying 50,000 AMD Instinct MI450 GPUs starting in 2026, marking a significant shift in the AI computing landscape as cloud providers look for alternatives to Nvidia's chips [4] - Oracle's new deal with AMD follows a five-year cloud agreement with OpenAI, potentially worth up to $300 billion [6]

Chips aren’t the only star of the massive agreement. AMD’s software efforts have slowly turned it into a more formidable competitor to Nvidia.Read more: https://t.co/WImxnfDiL4 https://t.co/t2doY4LkWA ...

Core Insights - Oracle Corp. will deploy 50,000 AMD MI450 chips in data center computers starting in Q3 2026, marking a significant commitment to AMD technology [1][2] - This announcement reflects the growing demand for AI services and the competitive landscape between AMD and Nvidia, with AMD aiming to establish itself as a credible alternative to Nvidia [2][3] - AMD shipped approximately 100,000 AI processors in Q2, while Nvidia shipped 1.5 million, highlighting the competitive gap in the AI processor market [4] Company Developments - AMD is enhancing its offerings to match Nvidia's capabilities in providing complete computing solutions for data center owners [3] - The partnership with OpenAI involves a long-term agreement where OpenAI will purchase 6 gigawatts of computers featuring AMD accelerators over several years [5] - Oracle's announcement follows AMD's deal with OpenAI, indicating a trend of major tech companies forming partnerships to expand computing infrastructure for AI [5]

Core Insights - Oracle plans to build a new data center utilizing 50,000 AMD chips to enhance its AI capabilities, marking a significant move in the AI sector [1][2] - The partnership with AMD is seen as a strategic choice for Oracle, particularly in the inference space, as they have a long-standing relationship and a robust software stack [3][4] - Oracle's investment in AMD chips is a substantial commitment, reflecting founder Larry Ellison's vision for the company's competitive stance against major players like Microsoft, Amazon, and Google [5][6] Company Developments - Oracle is deploying AMD's latest AI chips to create a supercluster aimed at enabling customers to run larger and more complex AI models by the second half of next year [2] - The market is responding positively to AMD, with its shares rising as it is increasingly recognized as a viable competitor in the inference market, especially following OpenAI's recent investment in AMD [4] - Larry Ellison is expected to provide insights into a $300 billion deal with OpenAI and discuss Oracle's new cloud offerings that aim to enhance efficiency and speed for customers [5][6] Financial Considerations - Oracle's financial analyst day will reveal how the company plans to fund its significant chip purchases, indicating the importance of this week for Oracle's financial strategy [6]

Oracle announcing today plans to build a data center using 50,000 chips from AMD as this AI dealmaking spree intensifies. For today's tech check, our Sema Mod is live at Oracle's AI World Conference in Las Vegas. Morning, Sema. Morning, Carl.Yeah, this is big news. Oracle will be deploying AMD's latest artificial intelligence chips to build out a new supercluster to help customers run larger, more complex AI uh models in the second half of next year. I spoke to a number of Oracle cloud executives on why the ...

Core Insights - Oracle and Advanced Micro Devices (AMD) are expanding their partnership to deploy 50,000 AMD graphic processing units (GPUs) starting in the third quarter of 2026, with plans for further expansion [3][4] - The initiative aims to create an AI "supercluster," which is a large, interconnected system of high-performance computers designed to function as a single entity [3] - The companies anticipate that next-generation AI models will exceed the capabilities of current AI infrastructure [4] Company Performance - AMD shares experienced a 3% increase prior to market opening, while Oracle's shares declined by 1.8% [4] - No specific financial details regarding the investment from either company in the expanded partnership have been disclosed [4]

Group 1 - AMD's stock price rose over 3% in pre-market trading following the announcement of increased adoption of its products by cloud computing companies as alternatives to NVIDIA [2] - OCI's executives expressed confidence in customer adoption of AMD chips, particularly in the AI inference sector, highlighting a partnership aimed at providing cost-effective and scalable cloud infrastructure [2][3] - Oracle Cloud Infrastructure (OCI) plans to deploy 50,000 AMD GPUs starting in Q3 2026, with further expansions planned for 2027 and beyond [3] Group 2 - OpenAI has reached a significant agreement with AMD to deploy up to 6GW of AMD GPUs over the coming years, with the first 1GW set to be operational next year [5] - OpenAI's shift towards AMD comes as it seeks to diversify its sources of computing power, moving away from its historical reliance on NVIDIA, which holds over 90% of the data center GPU market [5] - Oracle's executives have praised AMD's performance, comparing it favorably to NVIDIA, and emphasized the importance of leveraging data resources and enterprise capabilities to add value in the AI landscape [5]

As a 3D artist, I have to have tools that will keep up with my creativity and that's why I love this machine. My name is Brandon Lerry and I'm the founder of Lunchbox 3D. I got my start in documentaries, making branded films and capturing live events.I always loved being behind the camera, but I could never quite capture the visuals that were in my head. I kept seeing more and more 3D artists pop up in my feed, and their work just blew me away. The fact that they could create entire worlds just from their c ...

AMD just announced an extension of its relationship with Oracle. Plus, an analyst upgraded the stock and implied Wall Street's profit expectations aren't high enough. ...

Core Insights - Zacks offers various investment opportunities and tools aimed at long-term success in the stock market [1] - The Zacks Focus List is a curated portfolio of 50 stocks expected to outperform the market over the next 12 months [3][4] Performance Metrics - In 2020, the Focus List achieved an annualized return of 13.85%, compared to the S&P 500's 9.38% [5] - Cumulatively, from February 1, 1996, to March 31, 2021, the Focus List returned 2,519.23%, while the S&P 500 returned 854.95% [5] Selection Methodology - Stocks for the Focus List are selected based on earnings estimate revisions, which reflect analysts' expectations of growth and profitability [6] - The Zacks Rank, a proprietary stock-rating model, utilizes earnings estimate revisions to facilitate portfolio building [8] Zacks Rank Factors - The Zacks Rank is based on four main factors: Agreement, Magnitude, Upside, and Surprise, which are recalculated nightly [9] - Stocks in the Focus List are primarily from 1 (Strong Buy) or 2 (Buy) ranked companies, indicating a positive earnings consensus among analysts [9] Company Spotlight: Advanced Micro Devices (AMD) - AMD generated revenues of $25.79 billion in 2024, with its revenue segments being Data Center (48.7%), Client (27.4%), Gaming (10.1%), and Embedded (13.8%) [11] - Since being added to the Focus List at $117.17 per share on May 19, 2025, AMD's shares have increased by 84.71% to $216.42 [12] - Analysts expect AMD's earnings to grow by 18.7% for the current fiscal year, with a Zacks Consensus Estimate of $3.93 [12]