Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the 10 High Growth Mega Cap Stocks to Buy and Hold for Next 10 Years. On March 24, Bernstein analyst Stacy Rasgon signalled caution to investors in Advanced Micro Devices Inc. (NASDAQ:AMD). He suggests investors should wait and see whether demand for AMD chips comes from people genuinely looking for AMD products rather than from those buying just because supply is constrained elsewhere. Advanced Micro Devices (AMD) CEO Just "Keeps Winning," Says Jim Crame ...

Core Viewpoint - The current excitement surrounding artificial intelligence (AI) is compared to the tech stock bubble of the 1990s, with concerns about the sustainability of financing and market valuations [1][2][4]. Group 1: AI Financing and Market Dynamics - Peter Thiel highlights that while AI is a significant technology, the financing methods are questionable, particularly with circular financing deals among companies like Nvidia and OpenAI [2][3]. - Nvidia has invested up to $100 billion in OpenAI, which in turn has committed to purchasing billions of dollars in Nvidia's chips, raising concerns about the ability of these companies to maintain rapid earnings growth [3]. - The S&P 500 is currently trading at a price-to-earnings (P/E) ratio of 21, significantly above the long-term average of 16, indicating elevated market valuations and potential risks if investor sentiment shifts [4]. Group 2: Historical Context and Economic Theories - Economists have long studied the cyclical nature of financial markets, with Hyman Minsky's Financial Instability Hypothesis suggesting that financial stability can lead to overconfidence and increased debt levels, ultimately resulting in instability [5][6]. - Charles Kindleberger notes that shifts in investor sentiment often occur due to unexpected failures in financial institutions, exemplified by Blue Owl Capital's recent decision to halt redemptions from one of its funds [7]. Group 3: Productive Bubbles and Long-term Implications - Economist Bill Janeway argues that not all bubbles are detrimental; he cites historical examples like the British railway bubble and the electrification projects in the U.S. as instances where investor enthusiasm led to significant technological advancements despite initial excesses [8][10]. - Janeway believes that the current AI bubble may also lead to productive outcomes, suggesting that while bubbles are unsettling, they can facilitate technological progress [11].

Ed, this just seems like the move that a lot of these hyperscalers are making. Look for homegrown chips rely less on the Nvidias of the world. Yeah.Remember that Meta is still one of the biggest buyers of both NVIDIA and AMD chips, but there is some merit in having custom silicon. So they basically have four generations of new accelerator. They're called the Meta Training and Inference accelerator, MTIA.And it starts quite simply, like, right now in production is MTIA 300, and that is used to train the AI b ...

Core Insights - Celestica is capitalizing on the AI boom by supplying Ethernet switches and equipment to major tech companies, becoming the leading supplier of 800 Gbps Ethernet switches to hyperscale tech giants [1] - The company has a strategic partnership with AMD, benefiting from AMD's collaboration with Meta Platforms, which plans to invest "double-digit billions" per gigawatt on AMD products [2] Company Performance - Celestica's stock has increased by 157.4% over the past 52 weeks and by 37.4% in the last six months, although it has seen a slight decline this year [5] - The stock reached a 52-week high of $363.40 in November 2025 but is currently down 23.6% from that peak [5] - The company reported a revenue increase of 43.6% year-over-year to $3.65 billion in Q4 fiscal 2025, surpassing its guidance [8] - The Connectivity & Cloud Solutions segment generated $2.86 billion in revenue, with a margin increase to 8.4% from 7.9% year-over-year [9] - Celestica's non-GAAP EPS was $1.89, reflecting a 70.3% year-over-year increase and exceeding the company's guidance [9] Market Position - Celestica has a market capitalization of $32.1 billion and operates a global network serving various industries, including aerospace, defense, and healthtech [4] - The company's price-to-earnings ratio stands at 35.21x, which is above the industry average of 22.26x [7]

Meta strikes a deal to buy AMD chips, Trump's State of the Union address, Alcoa's plans to cash in on AI, and more news to start your day. ...

With apologies to Joni Mitchell, this is the circle game. Shares in AMD climbed 8.8% Tuesday as markets reacted favorably to a chip deal worth up to $100 billion that the semiconductor-maker struck with Meta. Nearly identical to a pact the company hatched with OpenAI late last year, it took the same “circular” shape as deals that triggered some initial AI anxiety last fall. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Salesforce Earnings Highlight Critical Choices Facing L ...

Market Overview - Asian shares mostly rose, with Japan's benchmark hitting a record high of 58,081.62, up 1.3% [2] - The U.S. dollar slipped to 155.78 Japanese yen, down from 155.83 yen, while the euro rose to $1.1784 from $1.1779 [3] - Australia's S & P/ASX 200 increased by 1.1% to 9,122.50, South Korea's Kospi surged 1.7% to 6,069.36, Hong Kong's Hang Seng rose 0.3% to 26,668.83, and the Shanghai Composite added 0.7% to 4,147.68 [3] Company Performance - Advanced Micro Devices (AMD) rallied 8.8% after announcing a multiyear deal to supply chips to Meta Platforms for AI projects, with Meta gaining the right to purchase up to 160 million shares of AMD stock for 1 cent each [5] - Keysight Technologies saw a significant gain of 23.1%, marking the largest increase in the S & P 500, while Home Depot rose 2% after reporting stronger-than-expected profits and revenue [8] - IBM recovered 2.7% after a significant drop of 13.1% the previous day, which was its worst performance since 2000 [6] Economic Indicators - U.S. consumer confidence improved more than economists expected, leading to steady Treasury yields, with the 10-year Treasury yield holding at 4.03% [9] - In energy trading, benchmark U.S. crude increased by 45 cents to $66.08 a barrel, while Brent crude rose by 47 cents to $71.24 a barrel [10]

Core Insights - The AMD and Meta deal is significant for reshaping the AI landscape, particularly for AMD's position in the market against Nvidia [1][3] - Nvidia's dominance is challenged as Meta seeks alternatives due to high costs associated with Nvidia's chips [8][9] - AMD's custom-designed chips are positioned to meet specific needs for Meta, indicating a shift towards tailored solutions in AI [3][19] AMD and Meta Deal - The deal represents a strategic move for Meta to diversify its chip suppliers and reduce reliance on Nvidia [5][18] - AMD is expected to ship products in the second half of 2026, indicating a rapid response to market demand [6][14] - The partnership allows Meta to leverage AMD's expertise in chip design, which is crucial for their AI applications [15][19] Market Dynamics - The AI market is growing rapidly, and Nvidia is unable to meet the increasing supply demands, creating opportunities for AMD [6][7] - High gross and operating margins for Nvidia have led customers to explore alternatives, highlighting the competitive landscape [8][9] - The deal with AMD is seen as a proof of execution for Meta, showcasing their commitment to innovation in AI [10][13] Broader Industry Trends - Significant capital expenditures are expected in building data centers, benefiting companies involved in infrastructure rather than just software applications [21][22] - The current market environment has led to irrational sell-offs despite strong earnings, indicating a disconnect between valuations and actual performance [24][26] - Companies that provide essential services for data center construction and operation are likely to see increased investment in the near term [22][23]

Group 1: Thomson Reuters Corp. - Shares of Thomson Reuters Corp. rose 11.4% after announcing that one million professionals are using its CoCounsel AI technology [1] - The stock had previously faced pressure as investors considered the potential impact of AI disruption [1] - Analyst Gardner noted that the monetization of AI at scale by Thomson Reuters is a positive development, especially as many companies invest heavily in AI [1] Group 2: Scotiabank - Scotiabank shares declined 0.7% despite reporting a jump in first-quarter profit, as the Canadian banking segment showed rising financial stress for consumers [2] - Although Scotiabank beat earnings expectations, the stock slipped due to higher provisions and softer revenue concerns [2] Group 3: U.S. Stock Market - U.S. stocks rose, indicating a potential upside from the artificial intelligence boom, following a sharp sell-off the previous day [4] - The software and semiconductor sectors rebounded, which was viewed positively by analysts [4] Group 4: Advanced Micro Devices (AMD) - Advanced Micro Devices (AMD) led the market with an 8.8% rally after announcing a multiyear deal to supply chips to Meta Platforms for its AI initiatives [5] - The agreement allows Meta to purchase up to 160 million shares of AMD stock for one cent each, contingent on chip purchases [5] Group 5: Market Sentiment and Economic Indicators - The excitement surrounding AI investments is noted as a factor that could reshape the economy and enhance productivity [6] - Recent market fluctuations have seen aggressive punishment of industries perceived to be at risk from AI advancements, including software, trucking logistics, and financial services [7] - The Canadian dollar traded at 72.95 cents US, and crude oil and gold contracts experienced declines [7]

Group 1 - U.S. stocks rebounded on Tuesday after a sharp selloff on Monday, driven by economic fears related to a Citrini Research note on artificial intelligence's impact on the labor market [1] - Advanced Micro Devices Inc. (AMD) secured a significant $100 billion infrastructure agreement with Meta Platforms Inc. (Meta), which improved risk sentiment in the market [1] - Meta signed a five-year deal to purchase AMD chips for its data centers, starting with one gigawatt this year and scaling to six gigawatts, leading to a 9% surge in AMD shares and a broad rally in technology stocks [2] Group 2 - Booking Holdings Inc. (BKNG) experienced a 5% bounce after recent selloffs due to concerns about AI disrupting online travel agencies, reflecting a risk-on tone in the travel sector [3] - The technology sector led the market with a 1.7% gain, followed by consumer discretionary up 1.5% and industrials ahead 1%, while energy and healthcare were the weakest groups [3] - In commodities, gold fell 1.8% to $5,140 per ounce, silver eased 0.7% to $87, and copper climbed 2.1% to nearly $6 per pound [3] Group 3 - Treasury yields hovered near technical support, with the 10-year yield around the 4% threshold, revisiting levels last seen during November's tech selloff [4] - Bitcoin traded flat at $64,000, showing little reaction to the equity rebound in the markets [4]