Key Takeaways A high-profile AI partnership powered a chip stock higher on Monday, Oct. 6, 2025, while an adtech darling tumbled on reports of a regulatory probe. AMD shares took off after the chipmaker announced a collaboration with ChatGPT maker OpenAI. AppLovin shares slumped following reports the Securities and Exchange Commission has been looking into…
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope will be at the forefront of the artificial intelligence boom. The shares of AMD soared more than 30% after the company behind ChatGPT said it plans…
Advanced Micro Devices (NASDAQ:AMD) stock’s Monday action is looking like one for the ages, with the semi giant on track for a blowout session. Shares took off to the tune of 27% after the company nabbed a mega deal with ChatGPT maker OpenAI. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off!…
Sam Altman, CEO of OpenAI, Lisa Su, CEO of Advanced Micro Devices, and Michael Intrator, CEO of CoreWeave, CQ-Roll Call, Inc via Getty Images AMD just won the biggest AI deal in the company’s history, with OpenAI entering a definitive agreement to deploy 6 gigawatts of AMD GPUs, with the first gigawatt of capacity powered…
In the end, Emmanuel Macron’s man wasn’t able to pull it off either. When Sébastien Lecornu was appointed France’s prime minister three and a half weeks ago, the spin was that this was President Macron’s last card. A last card, we were told, but a good one. The 39-year-old was a presidential protégé – loyal,…
Sébastien Lecornu’s abrupt resignation as the French prime minister on Monday after less than a month in the role marked the latest clash between France’s stretched public finances and its polarised politics. Lecornu was the latest prime minister to try and fail to cobble together a package of spending cuts and tax rises that would…
After the drought, here comes the rain. Well, more of a light drizzle actually, but three flotations or float announcements in the space of a few days will be a relief for the parched London Stock Exchange. The biggest is Shawbrook, a bank focused on buy-to-let mortgages and lending to small businesses. It was taken…
In early trading on Monday, shares of Advanced Micro Devices topped the list of the day’s best performing components of the S&P 500 index, trading up 33.2%. Year to date, Advanced Micro Devices registers a 81.6% gain.And the worst performing S&P 500 component thus far Source link
Japan’s stock market surged to a record high overnight as new political leadership in Tokyo fueled bets on stronger fiscal support and stable monetary policy. Here’s how U.S. investors can take advantage of one of the world’s most powerful equity bull runs. Japan’s Nikkei 225 index jumped 4.8% to overnight Monday after the country’s ruling…
The memory chipmaker is still in the middle of a multiyear growth cycle. Micron Technology (MU 3.82%), one of the world’s top producers of memory chips, is a cyclical stock which follows its market’s boom-and-bust cycles. Its last bust occurred in 2023 as the PC market’s post-pandemic sales flatlined, the 5G upgrade cycle cooled down,…