AMD, Intel, and NVIDIA All Rally Wednesday After Series of Blockbuster AI Earnings Reports

Why Intel Stock Popped Today

AI used to mean GPUs. Today, it means CPUs as well.

AMD, Intel, and NVIDIA All Rally Wednesday After Series of Blockbuster AI Earnings Reports

A blowout earnings report from deep inside the AI server supply chain sent shockwaves through the chip sector Wednesday, lifting three of the biggest names in logic silicon and raising the stakes for what could be an even bigger catalyst on the horizon.

Super Micro Computer Earnings Beat Sends Advanced Micro Devices (NASDAQ: AMD) Stock Surging

Advanced Micro Devices (NASDAQ: AMD) shares climbed 2.6% on Wednesday, with no company-specific press release or SEC filing driving the semiconductor stock’s gains. The rally instead traces back to a strong earnings report from Super Micro Computer (NASDAQ: SMCI), which disclosed its Q2 2026 results after markets closed on Tuesday. Super Micro Computer posted adjusted earnings per share of $1.70, comfortably exceeding Wall Street’s consensus est…

Bank of America Elevates AI Chip Forecast, Selects AMD (AMD) and Nvidia (NVDA) as Leading Choices

Key Highlights BofA securities upgraded its 2030 server CPU market projection to exceed $210 billion from a previous $170 billion estimate Projected compound annual growth rate increased to 36% from 30%, fueled by AI agent computing requirements AMD identified as preferred CPU investment due to combined leadership in processing frequency and core density Nvidia maintains status as BofA’s premier semiconductor investment choice Overall data cent…

Why is AMD stock gaining 2% today?

AMD stock rose 2.7% on Thursday after Bank of America raised its long-term outlook for the server CPU market, arguing that the rise of AI agents is expanding the role of central processing units in data centers. The brokerage increased its estimate for the 2030 server CPU total addressable market (TAM) to more than $210 billion from around $170 billion, citing stronger AI compute demand and memory trends following second-quarter earnings across …

UBS Expects AMD To Strike A Foundry Deal With Intel, As It Faces Perennial Underdog Status On Data Center Racks

Hindered by the ongoing capacity constraints at TSMC, AMD will strike up a foundry deal with its arch-nemesis Intel, as per the latest commentary from analysts over at UBS. Separately, Goldman Sachs seems to have turned sour on the prospects of AMD ever catching up to NVIDIA on data center racks, with the latter likely to ship 10x, 7x, and 9.8x as many racks in 2026, 2027, and 2028, respectively. AMD appears destined for a perennial underdog sta…