AMD is leasing up to 2.5 gigawatts of data center capacity from Core Scientific, converting former crypto mining sites into AI colocation infrastructure via long-term leases and equity warrants.
What Happened? Shares of banking and retail technology provider Diebold Nixdorf (NYSE:DBD) fell 15.5% in the afternoon session after the company reported sec...
What Happened? A number of semiconductor stocks continued to pull back amid a broad global sell-off, fueled by concerns over increased competition from China...
AMD stock tumbled premarket amid broader AI memory trade anxiety. Here’s what’s driving the pullback, key technical levels, and what analysts expect for earnings.
Both chipmakers have made investors significantly richer over the past year, and they can sustain their healthy growth rates owing to the improving demand for their chips.
Core Scientific (NASDAQ:CORZ) said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements.
Chief Executive Officer Adam Sullivan said the initial agreements repre
AI stocks like AMD, Micron, Credo, Cloudflare and AirJoule face a summer pullback, but intact spending trends and analyst price targets suggest their uptrends remain in place.
Celestica (NYSE:CLS) reported second-quarter 2026 revenue and adjusted earnings per share above the high end of its guidance, supported by demand for AI infrastructure and networking programs. The company also raised its full-year outlook and said it expects revenue growth to accelerate in 2027.
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