AMD

Dow Surges 500 Points on Iran Deal Optimism and AMD Earnings Beat US stocks rallied sharply on Tuesday, with the Dow Jones Industrial Average jumping 500 points, CNBC reported. The market surge was driven by falling oil prices following reports of an Iran ceasefire deal and strong AMD earnings that lifted the technology sector. International oil prices dropped significantly after news of a potential Iran ceasefire emerged. Military tensions in the region over the preceding days had pushed oil prices higher, increasing energy costs for American consumers. The ceasefire news led markets to reassess geopolitical risk premiums. ...

AMD stock surged following strong quarterly earnings results, driven by data center and AI accelerator demand.

AMD posts record Q1 2026 revenue as AI accelerator demand surges, continuing to challenge Nvidia’s dominance in the data center AI chip market.

AMD is adding HDMI 2.1 support for Linux systems, a development with significant implications for the upcoming Steam Machine gaming console, enabling 4K at 120Hz and 8K at 60Hz output.

Following WSJ’s report that OpenAI missed key revenue and user growth targets, stocks of AI infrastructure companies Oracle, AMD, and CoreWeave fell sharply.