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Advanced Micro Devices Inc

Here are the 5 things that could move the stock market in the week ahead

by Merchant Moller
Here are the 5 things that could move the stock market in the week ahead

Wall Street extended its weekly winning streak to six in a row. Earnings drove the stock market higher — can they do it again in the week ahead? The S …

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Intel seeks billions for minority stake in Altera business, sources say

by Sipho Sepamla
Intel seeks billions for minority stake in Altera business, sources say

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on …

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Nvidia stock rises to new record, exceeding June high as AI trade is rekindled

by Sipho Sepamla
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to …

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Bullish sentiment and broadening rally in markets

by Shen Ridenbaugh
Bullish sentiment and broadening rally in markets

Traders work on the floor of the New York Stock Exchange on April 5, 2024. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC …

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UAE can guarantee the ‘safety and the security’ of chips, G42 CEO says

by Sipho Sepamla
UAE can guarantee the ‘safety and the security’ of chips, G42 CEO says

The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, …

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Bullish sentiment and broadening rally for markets

by Shen Ridenbaugh
Bullish sentiment and broadening rally for markets

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 17, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC …

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Don’t own the AI chip leaders? Jim Cramer says this might be your chance to act

by Shen Ridenbaugh
Don’t own the AI chip leaders? Jim Cramer says this might be your chance to act

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks dropped Tuesday after …

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Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

by Sipho Sepamla
Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images Shares in semiconductor equipment maker ASML fell …

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We’re adding to a tech stock that’s been on our shopping list since last week

by Merchant Moller
We’re adding to a tech stock that’s been on our shopping list since last week

Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $163.41. Following the trade, Jim Cramer’s Charitable Trust will own 575 shares of …

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Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

by Sipho Sepamla
Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker …

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