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AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

May 5 (Reuters) - Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips as cloud providers accelerate spending on artificial intelligence infrastructure.
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AMD Reports Strong Q1 Earnings, Surpassing Wall Street Expectations

AMD Reports Strong Q1 Earnings, Surpassing Wall Street Expectations

AMD Reports Strong Q1 Earnings, Surpassing Wall Street Expectations
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Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance
Reuters Reuters
AMD forecast sparks AI‑driven rally in US chipmaker stocks

AMD forecast sparks AI‑driven rally in US chipmaker stocks

By Rashika Singh May 6 (Reuters) - U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur the next leg of spending.
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Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance

Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance

Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance
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Super Micro Projects Strong Q4 Revenue Amid AI Server Demand

Super Micro Projects Strong Q4 Revenue Amid AI Server Demand

Super Micro Projects Strong Q4 Revenue Amid AI Server Demand
Reuters Reuters
Morning Bid: End in sight?

Morning Bid: End in sight?

By Mike Dolan May 6 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices slumped and global stocks surged after reports that the U.S. and Iran were nearing a one-page memorandum to end the war in the Gulf.
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SBI Securities Co. Ltd. Increases Stake in Taiwan Semiconductor Manufacturing, Highlighting AI Infrastructure Role

SBI Securities Co. Ltd. Increases Stake in Taiwan Semiconductor Manufacturing, Highlighting AI Infrastructure Role

SBI Securities Co. Ltd. Increases Stake in Taiwan Semiconductor Manufacturing, Highlighting AI Infrastructure Role
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Palantir Technologies Reports Significant Q1 2026 Revenue Growth and Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth and Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth and Raises Full-Year Guidance
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Jim Cramer Defends AMD Amid Downgrade, Predicts Stock Upsurge

Jim Cramer Defends AMD Amid Downgrade, Predicts Stock Upsurge

Jim Cramer Defends AMD Amid Downgrade, Predicts Stock Upsurge
AP News AP News
Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices are sinking, and stock markets are bursting higher worldwide with hopes that a deal is nearing to allow ships to deliver crude from the Persian Gulf once again to their customers
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AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

May 4 (Reuters) - Nvidia-rival Cerebras Systems, which makes chips for artificial intelligence workloads, is aiming to raise $3.5 billion in its U.S. initial public offering.