Advanced Micro Devices (AMD -2.98%) is quietly laying the groundwork for the next generation of computing. With explosive revenue growth, groundbreaking artificial intelligence partnerships, and a bold push into quantum systems, AMD is proving it can both innovate and scale up.
The three stocks in this analysis all look as if they are going to be positive based on the premarket session. At this point in time, the markets look bullish overall, continuing the uptrend that we have seen for some time now.
Semiconductor stocks have been impacted this year by evolving U.S. rules governing the sale of chips to China. Applied Materials just called out a fresh set of challenges.
Although Intel (INTC) rejoined the semiconductor conversation last month thanks to a Nvidia (NVDA) partnership , don't forget about Advanced Micro Devices Inc (NASDAQ:AMD).
Major U.S. equities indexes were little changed Thursday afternoon on the second day of the U.S. government shutdown, as the tech sector rose while most others declined.
Intel Corp (NASDAQ:INTC, ETR:INL) shares gained more than 6% in afternoon trading on Wednesday following reports that Intel is in early discussions to manufacture semiconductors for AMD, according to news website Semafor. If true, it would be a big vote of confidence for Intel as AMD is the company's largest competitor for x86-based chips for PCs and servers.
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