Advanced Micro Devices, Inc. (AMD) news and analysis
Elon Musk thanked Micron (MU) by name on Tesla's earnings call this week. That's what a real memory shortage looks like.
Musk thanked Micron on Tesla's earnings call, Intel's CEO called memory its biggest supply constraint the next day, SK Hynix's CEO sees a shortage into the next decade, and CXMT is about to IPO into all of it.
Tesla (TSLA) and Alphabet (GOOGL) are falling hard. The rest of the AI trade isn't (July 23, 2026)
Tesla and Alphabet kept falling through Thursday morning even as chipmakers, neoclouds and photonics stocks held up fine. Oil topped $100 a barrel after Trump threatened to bomb Iranian infrastructure over any new attack on shipping.
Super Micro's (SMCI) revenue landed at the low end of guidance. The stock is up 25% anyway (July 22, 2026)
Super Micro Computer's preliminary Q4 update showed a record $60 billion order backlog and gross margin guidance that nearly doubled, but revenue landed at the low end of its own range. The stock is up about 25% anyway.
Nasdaq-100 futures sank close to 1% Wednesday morning. Stocks clawed almost all of it back by mid-morning (July 22, 2026)
Nasdaq-100 futures fell close to 1% Wednesday morning on an Iran oil spike, new tariffs and chip-stock fear. Stocks opened lower too, but climbed steadily through the first half hour of trading and were back to nearly flat by mid-morning.
IBM already sank 20%. This week's earnings from Alphabet, Tesla, Intel and four more decide if AI spending is real
IBM already sank 20% on a warning. Now Alphabet, Tesla, Intel and four more of our tracked stocks report earnings within 48 hours, the clearest test yet of whether AI spending is paying off.
Micron (MU), SK Hynix and AMD just gave chip stocks their first back-to-back gain in two weeks (July 21, 2026)
Micron (MU) closed up about 12 percent, SK Hynix's ADR about 14 percent, and AMD 8 percent Tuesday, chip stocks' first back-to-back gain in two weeks. A Bank of America upgrade on memory demand and a new AMD-Microsoft Azure deal did the heavy lifting.
Microsoft (MSFT) is testing Kimi K3 for Copilot, the same model that dragged Micron (MU) and Intel (INTC) down more than 13% last week
Microsoft is testing Moonshot's Kimi K3 for Azure and Copilot, hoping to cut AI costs by $600 million, the same week the model's launch gave chip stocks a rough ride and its maker began prepping a $30 billion Hong Kong IPO.
Nvidia (NVDA) and Microsoft (MSFT) don't just sell OpenAI chips and cloud time. They also fund the bill.
Nvidia, Microsoft, Oracle, Broadcom, AMD, and CoreWeave have promised OpenAI close to a trillion dollars combined, and some of them are OpenAI's investors as well as its vendors. Here's how the money actually loops, and where it's already showing strain.
I gave five AIs a pretend $10,000 to pick 5 tech stocks. Four bought Nvidia (NVDA). Claude went rogue.
ChatGPT, Gemini, Grok, Meta AI and Claude each picked five tech stocks to hold for six months. Four bought Nvidia. Claude went the other way. Every pick is here and the scoreboard runs monthly.
China's Xi Jinping just launched a 29-nation AI bloc. That's bullish for US AI stocks (NVDA, PLTR)
Xi Jinping used the 2026 World AI Conference in Shanghai to launch a 29-nation World AI Cooperation Organization and take a shot at US chip export controls. History says Washington answers moves like this with money, and that is bullish for the US AI trade.
Micron slid 6% into Friday's open, then flipped positive within the hour as chip stocks staged a violent rebound (July 17, 2026)
Chip stocks slid overnight and into Friday's open, with Micron down as much as 5.8 percent, then staged one of the sharpest reversals of the week within about an hour.
Kimi K3 just gave Nvidia (NVDA) its second "DeepSeek moment." The first one made chip demand go up, not down.
Moonshot AI's Kimi K3 sent Nvidia and Oracle lower this week, reviving the "cheap AI kills chip demand" argument. History, and the actual spending numbers, say the opposite is true.
SpaceX briefly fell below its IPO price today, and the revenue never supported a $2 trillion valuation
SpaceX dipped as low as around $132 on Wednesday, briefly trading below its $135 IPO price for the first time, before closing at $135.27, just pennies above it. With about $18.7 billion in revenue last year, a $2 trillion valuation was always a stretch, and Morningstar said as much before the IPO even priced.
ASML raised guidance sharply today. Wall Street barely reacted, and TSMC reports tomorrow.
ASML beat its own Q2 estimate and raised full-year 2026 guidance again, citing surging AI chip demand. The stock barely moved on the news. Since ASML builds the machines TSMC depends on, that muted reaction is worth watching heading into TSMC's own report tomorrow morning.
Semiconductors are having their worst day in weeks. Tomorrow, TSMC gets a chance to reverse it.
Semiconductor stocks are having their worst day in weeks, Micron, SanDisk, and SK Hynix's ADR all down double digits. TSMC reports Q2 earnings before the bell tomorrow, scores an 88 out of 100 on our Stock Scorer, and might be the one print that stops the bleeding.
Money is rotating out of semiconductor stocks and into the Mag 7 today. (July 15, 2026)
The real move Wednesday is money rotating into the Mag 7, Apple, Microsoft, Amazon and Meta are each up more than 3%. That money is coming out of semiconductor stocks, as SK Hynix's Nasdaq ADR, Micron and SanDisk all give back this week's spike.
Inflation fell for the first time since 2020, the Kospi closed green, and IBM still crashed 23% (July 14, 2026)
June CPI fell 0.4%, the first monthly decline since 2020, and chips bounced. Then IBM missed on preliminary results, lost roughly 23%, and dragged Workday, ServiceNow and Adobe down with it. CleanSpark jumped 8% on a $6.6 billion AI data center lease, and the Kospi closed green before the CPI number even existed.
Chips got smoked today. Tomorrow's CPI report at 8:30am decides what happens next.
Arm, Coherent, Micron, AMD and Nvidia fell between 3.5% and 7.5% Monday while Microsoft, Apple and Amazon finished green. The selling stayed inside crowded AI infrastructure names. Tuesday's 8:30am CPI report could send the same stocks sharply either way, and the real risk isn't even in the data yet.
Gloo's executive chair is the former CEO of Intel and VMware. He just bought $500,000 of the stock.
Gloo Holdings priced a follow-on offering at $3.25 a share on July 8, and the stock fell about 24% the next session. Two days later, Form 4 filings showed CEO Scott Beck, board member Derek Todd Green, and executive chair Pat Gelsinger, the former Intel and VMware CEO, bought a combined $6 million of the deal themselves.
We built a stock score tool. It gave Intel a D, and I bought the stock anyway.
One pick in every layer of the AI hardware stack, each one graded by the SEC-filings scoring tool we just built. Four picks agree with the tool: NVDA, WDC, TSM, VRT. Micron is a partial. INTC and COHR do not agree with the tool at all, and I am holding both anyway.
The Iran war just crashed the Kospi into its 7th circuit breaker of the year. SK Hynix fell harder than Samsung again.
South Korea's Kospi crashed 8.95% and halted trading for the seventh time this year as US strikes on Iran spread to Bahrain, Oman, Jordan and Kuwait. SK Hynix fell harder than Samsung again, and its three-day-old US ADR followed the Seoul selloff down too, though by a smaller margin.
Inside the AI hardware stack, from Nvidia's chips to the grid that powers them
An AI data center is seven layers of hardware: GPUs, memory, storage, CPUs, networking, manufacturing, and power. Here's the full map, with the public companies behind each layer and where the bottlenecks actually are.
Jim Cramer's tech calls, like Micron and Intel, are missing far more than everything else
We pulled 23 of Jim Cramer's stock calls from late April through early July and checked the real numbers. His tech picks are down 7.2% on average with just 1 winner out of 10. His other calls are roughly flat, and just under half are green.
SharonAI (SHAZ) is down 13% today after a wild week. Here's what Leopold Aschenbrenner has disclosed since our last look
SharonAI (SHAZ) has moved from $85 to $68 to $80 to $70 in the week since our stake deep dive. A price update, plus a new filing showing Leopold Aschenbrenner's fund anchoring SK Hynix's Nasdaq debut.