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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Major U.S. indices ended lower on Wednesday, with the Dow Jones Industrial Average slipping 0.09% to 51,621.48.
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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.
Nvidia, Micron and eight other AI stocks fell below their 200-day moving average this week as the midterm vote hit AI spending bets.
Bending Spoons S.p.A. has issued a bond with a total volume of $1.25 billion, maturing in 2032.
Dell Technologies published its 2026 Modern Enterprise Readiness Survey and introduced new enterprise offerings, including the Dell Private Cloud and Dell PowerStore Elite storage system.
Intuitive Machines experienced a dramatic revenue spike in 2026 after two years of flat performance, driven by government contracts and acquisitions, while Rocket Lab demonstrated consistent quarter-over-quarter growth with diversified revenue streams. The revenue gap between the two space companies is narrowing, though Rocket Lab maintains a larger absolute revenue base and more predictable growth trajectory.
Rocket Lab's stock fell 21.5% in October after the company announced a delay in its Neutron rocket's inaugural launch from late 2024 to 2027 due to manufacturing issues with carbon fiber propellant domes. However, management has since corrected the problem and completed inspection of a new propellant dome. Despite the setback, the company achieved its 99th successful Electron rocket launch and continues progressing toward becoming an end-to-end space company through its planned acquisition of Iridium Communications.