Advanced Micro Devices Inc
Stocks making the biggest moves midday: Goldman Sachs, AMD, Oklo, Circle Internet & more
Check out the companies making the biggest moves midday: Alkermes — The biotech company dropped 9% as traders weighed phase 2 trial results for its ALKS 2680 drug, which aims to treat narcolepsy. While the company will be advancing the drug to a Phase 3 trial, a higher range of doses or a split dosing […]
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AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’
Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation. “I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.” Shares soared 10%. Many of […]
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Stocks making the biggest premarket moves: Advanced Micro Devices, Clearwater Analytics, On Holding and more
Check out the companies making headlines before the bell. Advanced Micro Devices — The chipmaker jumped nearly 6% in reaction to robust long-term growth targets made at its Investor Day , including an internal forecast that the company’s data center revenues will jump 60% in the next three to five years. BILL Holdings — Bloomberg […]
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AI trade stalls, ‘ghost job’ listings, Trump floats tariff rebate checks and more in Morning Squawk
Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo during the company’s Initial Public Offering(IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things […]
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CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD shares swung on Tuesday after CEO Lisa Su said the company’s overall revenue growth would expand to about […]
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CNBC Daily Open: Days of declines won’t keep AI trade down
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive […]
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CNBC Daily Open: AI is back — it never really went away
Jakub Porzycki | Nurphoto | Getty Images Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011. Market watchers are hoping that another historically long streak — the U.S. government shutdown […]
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AI trade faces key test before Nvidia earnings: AMD’s analyst day
Advanced Micro Devices on Tuesday will host its first financial analyst day in three years — and Wall Street thinks the chipmaker will live up to high expectations. AMD shares have been on a tear this year as investors cheered the company’s high-profile partnerships with AI giants such as OpenAI and Oracle . Although the […]
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