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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Qualcomm stock dips premarket as rival MediaTek launches new 2-nanometer processors and expands into custom AI data-center chips.
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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.
Following the recent semiconductor sell-off, the article compares AMD and TSMC as AI investment opportunities for 2027. While AMD competes directly in the AI chip market with strong growth (34% revenue increase), TSMC benefits from manufacturing chips for multiple industry leaders with superior profitability (45.1% margin). TSMC is recommended as the better buy due to its lower valuation (23.8x forward P/E vs AMD's 63.0x), stronger financial position, and broader exposure to the AI industry without dependence on a single chip designer.
The Dow jumped 1,569 points on Wednesday as the midterm result reset expectations for Washington. Oil fell more than 8%, giving consumer businesses a different backdrop while punishing energy shares. Democrats won
Qualcomm shares fell 10% after earnings; analysts cut targets citing margin pressure, handset risks, while data-center growth remains strong.
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.