Today: 22 June 2026
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NASDAQ:AMD 3 February 2026 - 4 February 2026

Intel shares closed at $133.99 on June 18, up 10.64% before the Juneteenth holiday, with the stock hitting a new high. AMD also advanced, finishing at $537.37, up 4.9%. For the holiday-shortened week, Intel climbed 7.6% and AMD rose 5.0%, while the Philadelphia Semiconductor Index gained 7.3%, outperforming the Nasdaq’s 2.4% increase. President Donald Trump stated that Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details. U.S. cash equities were closed for Juneteenth, but futures traded in a shortened session, with Nasdaq 100 futures leading and S&P 500 futures also gaining. Markets experienced volatility, shifting from a hawkish Federal Reserve stance to a pause due to concerns over Iranian oil. Rackspace Technology surged 33.8% after announcing a deal with AMD to provide 30 megawatts of AMD-powered AI compute, with phased rollout from late 2026 through 2028. Earlier in the week, tech and chip stocks rebounded as oil prices fell and inflation worries eased, with the S&P 500, Nasdaq, and Dow all posting gains. Invesco QQQ Trust jumped 3.1% as tech stocks led the market higher, while crude oil prices dropped following a preliminary U.S.-Iran deal. AMD received a Buy upgrade from Citi, which raised its price target to $575, citing strong demand for AI chips and GPUs. AI chip stocks were boosted by AMD’s upgrade and news of SK Hynix planning a Nasdaq listing, though Nvidia remained flat and some peers lost ground. Markets remain focused on the Federal Reserve’s upcoming rate decision.
AMD stock dives 16% after guidance revives Nvidia worries and China boost questions

AMD stock dives 16% after guidance revives Nvidia worries and China boost questions

AMD shares fell 16.3% to $202.59 Wednesday after the company forecast a sequential revenue decline for the first quarter, citing uncertainty over China AI-chip shipments. Fourth-quarter revenue hit a record $10.27 billion, but the outlook projects around $9.8 billion. The company reported $390 million in China AI-chip revenue and flagged $440 million in inventory charges tied to U.S. export controls.
AMD stock price slides nearly 17% as AI-chip outlook disappoints; Nvidia and Super Micro in focus

AMD stock price slides nearly 17% as AI-chip outlook disappoints; Nvidia and Super Micro in focus

AMD shares fell nearly 17% after forecasting a sequential revenue decline for the first quarter, despite posting record fourth-quarter sales. Super Micro Computer jumped almost 9% after raising its full-year outlook on strong AI server demand. Nvidia slipped about 4%. Traders are watching Nvidia’s Feb. 25 earnings and a delayed U.S. data release for further direction.
Nasdaq slides as AMD forecast and AI disruption fears hammer tech again

Nasdaq slides as AMD forecast and AI disruption fears hammer tech again

Tech stocks fell sharply Wednesday, sending the Nasdaq down 1.1% and the S&P 500 off 0.24%, while the Dow rose 0.79% as investors rotated into value and small caps. AMD plunged 12.2% after forecasting lower first-quarter revenue, dragging chipmakers and software stocks lower. Seven of 11 S&P sectors gained. Super Micro Computer surged 13% on strong AI server demand; Eli Lilly jumped 9.3% on a bullish profit outlook.
KLA stock drops again as chip-equipment names slide; what’s driving KLAC now

KLA stock drops again as chip-equipment names slide; what’s driving KLAC now

KLA shares fell 4.4% to $1,295.70 by midday Wednesday, deepening a multi-day slide and leaving the stock down 23% from its Jan. 29 peak. Applied Materials dropped 9%, Lam Research 10.6%, and ASML 5.3% as chip-equipment makers tracked a broader tech sell-off. Investors focused on upcoming industry events with key U.S. labor and inflation data delayed.
AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD forecast first-quarter revenue around $9.8 billion, down from $10.27 billion the previous quarter, citing lower MI308 AI chip sales to China. Shares fell nearly 7% in premarket trading after the outlook missed investor expectations. The company reported a 34% jump in fourth-quarter revenue, but analysts noted data-center sales would have missed forecasts without China-related MI308 sales.
AMD stock price slides 14% after outlook flags a slower quarter — and AI nerves bite

AMD stock price slides 14% after outlook flags a slower quarter — and AI nerves bite

AMD shares fell 14.2% to $207.81 in New York after the company warned of a 5% sequential drop in first-quarter revenue, citing about $100 million in China chip sales. The stock marked its steepest single-day loss in months. Fourth-quarter revenue rose 34% to $10.27 billion, with data center sales hitting a record $5.4 billion. Investors await Nvidia’s Feb. 25 earnings for further signals on AI hardware demand.
AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD shares fell nearly 7% premarket after forecasting first-quarter revenue of about $9.8 billion, below its record fourth quarter. The outlook includes $390 million in China-bound AI chip sales under a U.S. license. Fourth-quarter revenue rose 34% to $10.27 billion, with net income at $1.51 billion. CEO Lisa Su expects stronger AI server demand in the second half.
Broadcom stock slides as AI jitters hit chipmakers; AVGO eyes March 4 earnings

Broadcom stock slides as AI jitters hit chipmakers; AVGO eyes March 4 earnings

Broadcom shares fell 2.3% to $312.87 Wednesday, tracking declines in chip stocks after AMD’s weak sales forecast reignited doubts about AI hardware demand. The drop followed a 3.3% slide Tuesday, despite Broadcom unveiling new enterprise Wi-Fi 8 products. Software and IT services stocks also slid globally after Anthropic’s AI agent launch. Broadcom will report fiscal Q1 results on March 4.
US economic calendar today: ADP jobs, ISM services and Treasury refunding set the tone for Wall Street

US economic calendar today: ADP jobs, ISM services and Treasury refunding set the tone for Wall Street

U.S. stock index futures were little changed early Wednesday, with Dow futures up 0.27% and Nasdaq 100 futures down 0.05% as investors awaited ADP payrolls and ISM services data. Advanced Micro Devices fell 7.2% premarket, while Super Micro Computer rose 12.4%. The Treasury will announce quarterly refunding plans at 8:30 a.m. ET. The Labor Department delayed the January jobs report due to the recent government shutdown.
AI stocks wobble as AMD slips on forecast and Nvidia faces fresh China questions

AI stocks wobble as AMD slips on forecast and Nvidia faces fresh China questions

AMD fell 1.5% to $242.11 premarket Wednesday, dragging Nvidia down 2.8% and Broadcom 3.3% after AMD forecast Q1 revenue of $9.8 billion, below last quarter’s $10.27 billion. Software and cloud stocks also slid on AI margin concerns, while Nvidia’s China H200 chip sales reportedly stalled pending a U.S. review. OpenAI is exploring alternatives to Nvidia chips for inference workloads.
Wall Street futures steady after AI shock; Alphabet earnings and jobs data in focus

Wall Street futures steady after AI shock; Alphabet earnings and jobs data in focus

Dow futures rose 0.16% premarket, S&P 500 futures edged up 0.04%, and Nasdaq 100 futures dipped 0.06% after Tuesday’s tech-led selloff. The S&P 500 closed down 0.84%, Nasdaq fell 1.43%, and Dow lost 0.34% as AI disruption concerns hit software stocks. Chipmaker AMD warned of weaker revenue, sending shares down 8% after hours. President Trump signed a bill ending a four-day partial government shutdown.
AMD stock price slides in premarket as forecast hints at softer quarter, spotlight stays on China chip sales

AMD stock price slides in premarket as forecast hints at softer quarter, spotlight stays on China chip sales

AMD shares fell 7.6% in premarket trading Wednesday after the company forecast a sequential revenue decline and projected first-quarter sales near $9.8 billion. The outlook included $100 million in MI308 AI chip sales to China, with management citing U.S. export controls as a key uncertainty. Data-center revenue rose 39% to $5.4 billion last quarter, but investors focused on AMD’s 55% adjusted gross margin versus Nvidia’s higher target.
Intel stock rises after CEO flags a new GPU push to take on Nvidia

Intel stock rises after CEO flags a new GPU push to take on Nvidia

Intel shares rose 0.9% to $49.25 in after-hours trading after CEO Lip-Bu Tan announced plans to build GPUs for data centers and named Eric Demmers as chief GPU architect. Tan said Intel expects volume production on its 14A process later in 2026 and is in talks with several customers. Investors are pressing for clearer product and capacity timelines. CFO David Zinsner and officer April Boise disclosed recent share sales.
Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia shares fell 2.8% to $180.28 in after-hours trading Tuesday after CEO Jensen Huang confirmed plans to invest further in OpenAI, including its future IPO. A report said OpenAI is dissatisfied with some Nvidia chips and is considering alternatives. U.S. stocks closed lower, with the S&P 500 down 0.85%. Nvidia reports earnings on February 25.
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Stock Market Today

  • Soybean Prices Slip Ahead of Juneteenth Holiday Amid Export Sales Data
    June 22, 2026, 9:19 AM EDT. Soybean futures declined by 6 ½ to 9 ¼ cents on Thursday, with the July contract still securing a weekly gain of 9 ¼ cents. The Cash Bean price fell 8 ½ cents to $10.71 ½. Soymeal futures dropped $1.20, while soy oil futures saw a significant decrease, with July down 459 points. The USDA reported strong export sales totaling 424,869 metric tons (MT) of old crop beans, the highest in 12 weeks but 11.71% lower than last year. Egypt and Japan were key buyers, alongside notable new crop sales of 304,083 MT. Trade activity paused on Friday for Juneteenth, resuming Sunday night. The market remains sensitive to export demand and global commodity trends, influencing price fluctuations ahead of the holiday.

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