Advanced Micro Devices, Inc. (AMD) news and analysis
Three AI CEOs asked for a slowdown. Chipmakers sold off worldwide, and cybersecurity stocks went up.
Dario Amodei asked AI labs to slow the pace of capability development, and Sam Altman and Elon Musk agreed. The selloff that followed hit the AI supply chain and bid up the companies that sell defenses against it.
JPMorgan (JPM) has ended its lending to Leopold Aschenbrenner's fund
JPMorgan notified Situational Awareness it would end their lending relationship after the July losses, Reuters reports. Goldman Sachs, Citigroup and Bank of America remain active brokers.
Anthropic's compute contracts could reach $517 billion. Most are not public.
The Information estimates Anthropic cloud, chip and data center agreements at as much as $517 billion over the coming decade, covering at least 14.8 gigawatts agreed since October. Anthropic has confirmed four of the deals and none of the aggregate figures.
Leopold Aschenbrenner is buying options again through a new broker, six weeks after a 67% portfolio drop
The Financial Times says Situational Awareness is working with Clear Street and rebuilding in AMD, Intel, SK Hynix, SanDisk and CoreWeave using customized flex options. CNBC's list is not the same one.
Nvidia (NVDA) licensed Groq and hired its founder. The DOJ is asking if that sidestepped antitrust review.
The Justice Department is investigating whether Nvidia structured its deal for Groq's inference chip technology to avoid antitrust review, the New York Times reported Wednesday. Nvidia licensed the technology and hired Groq's founder rather than buying the company.
Microsoft (MSFT) wants developers to run AI models on their own PCs instead of paying for cloud tokens
Project Zenith is a preconfigured Windows 11 experience for PCs with 64 GB of unified memory, arriving first on AMD's Ryzen AI Halo. Microsoft says it helps reduce reliance on metered cloud tokens. Independent tests of the same chip show what runs fast and what doesn't.
AMD's AI chip gets an 11-fold performance boost from software updates, SemiAnalysis says
The benchmark firm that called AMD's long-context software 'horrible' on August 24 says the MI355X is now 11 times faster on the same MiniMax M3 agentic test, from software alone. The written update with the numbers hasn't been published yet.
Intel (INTC) heads to the AI Infra Summit September 15 with Crescent Island questions unanswered
Intel CEO Lip-Bu Tan takes the main stage at the AI Infra Summit in Santa Clara on Tuesday, September 15, with three more Intel sessions and a booth to follow. The appearance is confirmed. A named customer, a ship date, or a measured performance number for the Crescent Island GPU is not.
Arm (ARM) and Microsoft (MSFT) back Gimlet's $300 million bet on cheaper AI
Gimlet Labs closed a $300 million Series B led by Andreessen Horowitz, with Arm and Microsoft's M12 as new investors, at a $3 billion valuation. It says it has added billions in contracted revenue since March; its last disclosed revenue was $10 million a year.
HPE gave Oracle (ORCL) a warrant for 4.16 million shares at a penny each. Two months later, it announced the deal.
The September 2 press release said only that HPE had issued Oracle warrants. The 10-Q filed the next day has the number of shares, the penny strike, the vesting trigger, the expiry date, and a July 2 issue date.
G42 is exploring US majority ownership. Its license-free chip access expires April 6, 2027.
Bloomberg reports G42 has held talks about selling control to a US buyer. The export rule that names the company sets a hard date of April 6, 2027.
Rogue AI agents attacked Hugging Face. Its defenders turned to a Chinese open-weight model.
About 700 OpenAI test agents took part in an attack on Hugging Face in July, and the reports published Aug. 26 read like the case against open-weight AI. Except the frontier models Hugging Face reached for refused to help analyze the attack, and its responders ran a Chinese open-weight model instead. Washington has already picked a side.
Nasdaq rebounds before Nvidia (NVDA) earnings, with options pricing a $313 billion swing in the stock
The Nasdaq rose about 0.7% Tuesday, recovering Monday's chip-led drop, one day before Nvidia reports. Wall Street expects about $92 billion in revenue, double a year ago.
Nvidia (NVDA) fell six straight days. Earnings will test the $775 billion AI spending boom.
Nvidia enters its Aug. 26 earnings report on a six-session losing streak, its longest since 2022. It has beaten EPS estimates for 14 quarters straight, and the stock still fell the next day six of the last eight times.
Meta (META) gets $855 price target despite a 91% free cash flow drop
Meta (META) narrowed its 2026 AI capex guidance to $130-145 billion and free cash flow fell 91% last quarter to $784 million. BNP Paribas and Erste Group both still rate the stock a buy, betting the spending turns into ad and cloud revenue.
AMD insider sells $7.7 million near the stock's peak, but there's more to the story
AMD's chief sales officer, Paul Darren Grasby, sold $7.72 million of stock on Aug. 17 with no 10b5-1 plan behind it. It looks alarming until you notice it's his fifth open-market sale in a year.
For the first time, more money is going into running AI than building it. What that means for Nvidia (NVDA), Broadcom (AVGO), Marvell (MRVL) and AMD
Inference, running AI models, now costs more than training them, and that rewards custom chips and memory over raw GPUs. Here's what it means for Nvidia, Broadcom, Marvell, AMD and Micron.
Leopold Aschenbrenner's latest filing shows he closed 13 of his 16 options positions and moved more than half his fund into SanDisk and Micron
Situational Awareness LP reported $8.46 billion of put positions on March 31 and one on June 30. The money went into SanDisk, Micron, Nebius and STMicroelectronics.
An AI model trains across 100,000 chips that all have to talk at once. The stocks that wire them: Arista (ANET), Broadcom (AVGO), Coherent (COHR) and Astera Labs (ALAB)
Tens of thousands of GPUs have to act like one machine, and the network that connects them is a fast-growing slice of every AI buildout. Here's what Arista, Broadcom, Marvell, the optics makers and Astera Labs each do.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Congressman Tony Wied sold up to $250,000 worth of AMD stock and loaded up on software stocks
Wisconsin Rep. Tony Wied sold up to $250,000 of AMD on June 3, then bought Adobe (ADBE), Salesforce (CRM), ServiceNow, HubSpot and The Trade Desk six days later. His February filing showed the same move out of chips and into software.
Riot Platforms (RIOT) postponed its earnings call. Six days later it announced a $9.1 billion AI lease
Riot pulled its August 5 call with no reason and no date, and the stock got punished for it. The rescheduled call landed a 20-year, 191 MW Rockdale lease with an unnamed frontier AI lab worth $9.1 billion, on interconnection Texas already approved before it froze the queue.
Anthropic is building AI chips and paying up to $850,000 to teach Claude how to design them.
Anthropic confirmed Wednesday it is building an in-house Custom Silicon team for Claude, the first time it has said so publicly. The job listings pay $320,000 to $485,000 for the chip designers and $500,000 to $850,000 for the researcher teaching Claude to do the design work.
I run an Inverse Cramer tracker. Jim Cramer just went 6 for 8, led by Astera Labs' 30% rally.
I built a page to track how wrong Jim Cramer is, and I like the guy anyway. Six of his last eight tech calls beat the Nasdaq, and the one that didn't is the one holding my whole tracker up.