Today: 22 June 2026
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NASDAQ:AMD 6 May 2026 - 16 May 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.
Stocks take a breather after oil spike, Nvidia in focus

Stocks take a breather after oil spike, Nvidia in focus

U.S. stocks fell Friday as rising oil prices and Treasury yields ended Wall Street’s AI-driven rally, with the S&P 500 dropping 1.24% and the Nasdaq down 1.54%. The S&P 500 still posted a 0.1% weekly gain, but the Russell 2000 slid 2.4%. April consumer prices rose 0.6%, the largest annual gain since May 2023. Investors now see a 60% chance of a Fed rate hike by January.
Stock Market Today: Nasdaq Slides as Oil Shock Sends Treasury Yields Higher, Hitting AI Rally

Stock Market Today: Nasdaq Slides as Oil Shock Sends Treasury Yields Higher, Hitting AI Rally

The Nasdaq fell 1.25% Friday as rising oil prices and Treasury yields pressured U.S. stocks, erasing part of this week’s AI-driven gains. Brent crude climbed 2.4% to $108.22 a barrel after U.S.-Iran tensions flared. April consumer prices rose 0.6%, while producer prices jumped 1.4%. Nvidia and AMD each dropped over 4%; Intel slid 6.8%.
Why Intel Stock Is Down Today: AMD, Arm and a Hot Chip Rally Put INTC on the Back Foot

Why Intel Stock Is Down Today: AMD, Arm and a Hot Chip Rally Put INTC on the Back Foot

Intel shares dropped 6.5% to $108.45 after the open Friday, extending a three-day slide. UBS data showed Intel’s server CPU market share fell to 54.9% in Q1, while AMD and Arm gained ground. The decline followed a sharp rally driven by AI demand and foundry hopes. Broader chip stocks also retreated as investors weighed profit-taking and persistent high interest rates.
Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Nasdaq 100 futures fell 1.25% early Friday, with Nvidia down 1.8% premarket after a rally. Microsoft drew attention as Pershing Square prepared to disclose a new stake, citing Azure and Copilot. Cerebras surged 89% above its IPO price in its Thursday debut. Rising Treasury yields and oil prices weighed on U.S. AI stocks after record closes for the S&P 500 and Nasdaq.
Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace shares surged 26.34% to close at $7.29 on Thursday, hitting a 52-week high of $7.65 before slipping to $7.15 after hours. The rally followed first-quarter profit and a memorandum with AMD to build AI infrastructure, though the company still reported a non-GAAP loss and uneven segment growth. Trading volume topped 39 million shares. Analyst Keith Bachman maintained a Hold rating with a $5 target.
AMD’s Quiet Marvell Stake Puts AI Chip Investors on Alert

AMD’s Quiet Marvell Stake Puts AI Chip Investors on Alert

Marvell Technology shares rose nearly 10% Wednesday after a filing showed AMD held 65,516 shares at the end of March, valued at $6.49 million then and about $11.8 million at current prices. The disclosure drew attention as Marvell is a key supplier for AI data-center hardware. The Philadelphia SE Semiconductor index is up 64% since March. Analysts raised Marvell’s price targets, citing AI demand and hyperscaler investment.
Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

Nvidia CEO Jensen Huang joined President Trump’s China delegation, fueling speculation about renewed U.S. chip sales to China and lifting Nasdaq 100 futures by 0.82% premarket. Micron shares jumped 6.2%. The market moved on potential policy shifts and inflation concerns. Polymarket and Kalshi data showed traders expect no Fed rate cuts in 2026, pressuring high-valuation AI stocks.
AMD Stock Extends AI Rally — But Wall Street’s Next Test Is Already Here

AMD Stock Extends AI Rally — But Wall Street’s Next Test Is Already Here

AMD shares rose 1.01% to $459.80 in pre-market trading Monday after surging 11.44% Friday. First-quarter revenue jumped 38% to $10.3 billion, with data-center sales up 57% on demand for EPYC processors and Instinct GPUs. Goldman Sachs and Bernstein raised their price targets, citing server CPU growth from agentic AI. AMD now forecasts the server CPU market will top $120 billion by 2030.
Dell Stock Soars as AI Server Boom, TotalEnergies Deal and Super Micro Trouble Collide

Dell Stock Soars as AI Server Boom, TotalEnergies Deal and Super Micro Trouble Collide

Dell shares rose 12.6% Friday, reaching $263.82 intraday, after news of a $100 million supercomputer contract with TotalEnergies and Nvidia and renewed focus on rival Super Micro’s legal issues. Investors shifted attention to Dell’s AI-server business, with the company reporting over $64 billion in AI-optimized server orders for fiscal 2026. Dell’s fiscal first-quarter results are due May 28.
US Stock Market After-Hours Update: Futures Slip as Oil Jumps on Fresh Iran Fighting

US Stock Market After-Hours Update: Futures Slip as Oil Jumps on Fresh Iran Fighting

U.S. stock futures fell Thursday after the U.S. and Iran exchanged fire, pushing oil prices above $96 a barrel and raising concerns over inflation. The S&P 500 closed down 0.38%, with chip stocks leading declines; Arm, Intel, and AMD each dropped, while Nvidia and Microsoft gained nearly 2%. Nvidia announced a $2.1 billion investment in IREN and a multi-billion-dollar prepayment to Corning. Coinbase shares slid 5% after a surprise loss.
Dow Jones Today After The Bell: Dow Drops 313 Points Below 50,000 as Oil Whipsaws Wall Street

Dow Jones Today After The Bell: Dow Drops 313 Points Below 50,000 as Oil Whipsaws Wall Street

The Dow Jones Industrial Average fell 313.62 points to 49,596.97, closing below 50,000 after declines in oil and chip stocks. Brent crude settled at $100.06 a barrel, down 1.2%. Arm Holdings dropped sharply on supply concerns, while Nvidia and Microsoft rose nearly 2%. Initial jobless claims rose to 200,000, and the Cleveland Fed signaled rates will remain on hold.
S&P 500 Today: Why Wall Street’s Record Run Stalled After the Bell

S&P 500 Today: Why Wall Street’s Record Run Stalled After the Bell

The S&P 500 fell 0.38% to 7,337.11 on Thursday as chip stocks slid, with Intel and AMD each dropping about 3%. The PHLX Semiconductor Index lost 2.7%, while Arm’s U.S. shares declined after a warning on smartphone demand and supply limits. Jobless claims rose by 10,000 to 200,000, and Cleveland Fed President Beth Hammack signaled rates will likely stay on hold. The U.S. Trade Court ruled against Trump’s 10% global tariffs after the market close.
AMD Stock Cools After AI Earnings Surge. The Bigger Story Is CPUs

AMD Stock Cools After AI Earnings Surge. The Bigger Story Is CPUs

AMD shares fell $12.97 to $408.42 Thursday after a post-earnings rally, despite strong first-quarter results and a bullish outlook. Revenue rose 38% to $10.25 billion, with data-center sales up 57%. AMD forecast second-quarter revenue of about $11.2 billion and expects server CPU revenue to jump over 70% year over year. Multiple brokerages raised price targets, some above $500.
Taiwan Semiconductor Manufacturing Company Stock Jumps as AMD’s AI Surge Puts TSMC Capacity in Focus

Taiwan Semiconductor Manufacturing Company Stock Jumps as AMD’s AI Surge Puts TSMC Capacity in Focus

TSMC’s U.S.-listed shares jumped 6.36% Wednesday after AMD reported a 38% rise in first-quarter revenue, fueling demand for AI-related chip stocks. TSMC said last month that AI demand remains “extremely robust” and 2026 capital spending will hit the high end of its $52–56 billion range. Samsung’s market value surpassed $1 trillion, highlighting competition in the chip sector. Apple has held early talks with Intel and Samsung about chip production.
Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

The Dow Jones rose about 500 points Wednesday, reaching 49,795.34 by midday, as falling oil prices and strong AI stock gains lifted Wall Street. Brent crude dipped below $100 after reports of possible U.S.-Iran progress. The S&P 500 and Nasdaq hit record highs. Disney and AMD both reported results above estimates, while U.S. private payrolls posted their largest gain in over a year.
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Stock Market Today

  • Nebius and CoreWeave Join Nasdaq-100: Market Prospects Compared
    June 22, 2026, 5:43 AM EDT. Nebius Group (NBIS) and CoreWeave (CRWV) begin trading on the Nasdaq-100, a key index of the largest non-financial Nasdaq-listed firms. Both stocks surged after the inclusion announcement on June 11, with NBIS up 34% and CRWV up 24%. Nebius, backed by Nvidia, has secured major data center deals worth billions in the UK, Finland, and France, including a $24 billion contract with Meta. NBIS stock jumped 240% in 2026, while CoreWeave gained over 60%. Analysts rate CoreWeave with a higher buy consensus and a 20% average upside, whereas Nebius trades above price targets. Retail investors on social media show bullish sentiment for both shares, reflecting strong interest ahead of their Nasdaq-100 debut.

Latest articles

Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

22 June 2026
Micron Technology surged 3.04% in Monday premarket to $1,168.46 as traders positioned ahead of June 24 fiscal Q3 earnings, with consensus EPS and revenue expectations now set above Micron’s own guidance, raising the risk that results merely in line with company forecasts could trigger a stock pullback despite strong AI-driven demand.
Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

22 June 2026
Intel soared 10.64% to $133.99 after Trump claimed Apple will work with Intel on U.S. chip design and manufacturing, adding $64.8 billion in equity value—nearly 4.8 times Q1 revenue—in one day; premarket quotes hit $139.64, above Mizuho’s new $135 target, but neither Apple nor Intel confirmed details, leaving the stock priced for validation before customer specifics are public.
NVIDIA (NASDAQ: NVDA) Slips as Traders Eye Tight Levels Ahead of Next AI Test

NVIDIA (NASDAQ: NVDA) Slips as Traders Eye Tight Levels Ahead of Next AI Test

22 June 2026
NVIDIA slipped 0.5% to $209.65 in premarket trading after a 3% rally, as traders await Micron’s June 24 earnings and NVIDIA’s annual meeting for a key AI-demand check; the current dip uses only 30% of the options-implied move, with risk focused on a break below $206.87 if Micron disappoints or macro headwinds persist.
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