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AMD stock has surged 164% in 2026 ahead of its Nov. 3 earnings report, but the author cautions against buying before the announcement. While AMD's AI accelerators and data center business show strong growth, the stock's 35x forward P/E ratio leaves no room for disappointment. The author recommends a gradual buying approach rather than a large position before earnings, noting that much of the easy gains have already been made.
Liz Cheney challenges Trump’s anti-socialism stance, criticizing his use of taxpayer money to acquire stakes in private companies.
Intel is among 26 companies that have formally objected to a plan by OKX and Intercontinental Exchange to trade tokenized versions of their shares.
Intel and Oracle have entered a multiyear partnership to expand Intel Xeon-based computing on Oracle Cloud Infrastructure (OCI), focusing on enterprise and agentic AI workloads.
United Microelectronics Corporation and AP Memory have partnered to develop advanced power delivery solutions for AI and high-performance computing systems using deep trench capacitor technology.
GlobalFoundries has been selected to operate up to two new semiconductor manufacturing facilities in Malta, New York, under a U.S.-Japan investment initiative worth up to $21 billion. The first plant is expected to begin operations in 2029, with each facility adding approximately 900,000 wafers in annual capacity. The company will also reallocate $955 million to invest in silicon photonics, silicon-germanium, and advanced packaging technologies to support AI and data center demand.