AMD has become the AI trade of 2026.
SK Hynix is set to make its U.S. IPO Friday, and Evan Scholssman expects rampant demand for the debut as AI memory supply constraints remain in focus. He explains how the company fits into the greater AI trade alongside chipmakers like Nvidia (NVDA) and AMD Inc. (AMD).
Six gigawatts. That is the total AMD Instinct GPU capacity AMD (NASDAQ:AMD | AMD Price Prediction) will deploy for Meta under a partnership disclosed alongside its most recent earnings, with the first 1-gigawatt tranche powered by a custom MI450-based GPU.
Shares of Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) are up 7% to $555.26 in early trading Thursday, leading a broad semiconductor rebound.
Chip stocks were set for a rebound on Thursday as investors stepped back into the AI hardware trade after two brutal sessions of profit-taking. Micron rose 3.5% in premarket trading to $982.05, while AMD and Intel also gained over 2.5% after recent Wall Street target hikes helped restore some confidence in the sector.
Advanced Micro Devices (NASDAQ: AMD), the world's second-biggest semiconductor company and one of the best-performing blue-chips in the 2026 stock market, confirmed it would be filing its next earnings report on August 4 in a late Wednesday press release.
Advanced Micro Devices (AMD) concluded the recent trading session at $513.58, signifying a -6.97% move from its prior day's close.
The chip trade is having one of those days where every bull's favorite narrative and every bear's favorite chart are both correct at the same time.
AMD's Ryzen AI Halo push is expanding local agentic AI development as demand grows for high-performance CPUs across AI PCs and servers.
Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction | AMD Price Prediction) is finally getting the AI story it has been chasing for a decade.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The AI trade is off to a strong start this week, with several chip and memory stocks among the biggest gainers in the S&P 500 and Nasdaq on Monday.