AMD CEO Lisa Su Calls This Market Moment ‘Short-Sighted’ on AI Spending
AMD CEO Lisa Su dismissed AI spending fears, calling markets short-sighted and reaffirming long-term demand despite the chip sector’s selloff.
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DELL stock drops premarket as AI tech selloff hits hardware makers. Read analyst price forecasts and technical support levels.
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AMD CEO Lisa Su dismissed AI spending fears, calling markets short-sighted and reaffirming long-term demand despite the chip sector’s selloff.
China Renaissance has initiated coverage of SpaceX with a 'Buy' rating and a price target of $194.20.
SpaceX's 5-year credit default swaps (CDS) widened by 24.5 basis points to 286.56, according to Markit data.
SpaceX stock (SPCX) fell 7.5% following Democratic victories in midterm elections, as investors worry new regulations on data centers and AI could threaten a significant portion of the company's business. However, the analyst suggests that stricter Earth-based data center regulations could actually benefit SpaceX's space-based data center solution.
Ten U.S. tech giants erased about $1.74 trillion in market value Thursday as Nvidia, Micron and AMD led a post-midterm sell-off in AI and chip stocks.