AMD stock rises in premarket as Meta AI-chip pact puts 160 million-share warrant under a microscope

Shares of Advanced Micro Devices ticked up roughly 0.8% in U.S. premarket action Wednesday, trading near $215.50 after finishing the prior session at $213.84.

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Stock market today: Dow futures steady as AI scare cools, Nvidia earnings and Trump tariffs loom

Stock market today: Dow futures steady as AI scare cools, Nvidia earnings and Trump tariffs loom

Asian shares tracked higher Wednesday, with Japan’s Nikkei surging 2.2% to 58,583.12. U.S. stocks recovered from a tech slump, the S&P 500 adding 0.8% to 6,890.07, while the Dow tacked on 370 points to 49,174.50. Dow futures showed little movement as investors looked ahead to Nvidia’s results due after the bell.
AMD stock price jumps after Meta AI chip deal includes 10% stake option

AMD stock price jumps after Meta AI chip deal includes 10% stake option

Advanced Micro Devices jumped roughly 7%, trading at $210.30 Tuesday, after Meta Platforms locked in a multi-year AI chip deal that could open the door for the Facebook parent to acquire a significant equity stake. Wedbush’s Matt Bryson noted the update “addresses recent concerns” around AMD’s MI450 timeline “might be slipping.”
Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

Communication services names show little sign of picking up speed heading into the week. The sector’s flagship U.S. ETF—Communication Services Select Sector SPDR Fund—closed Friday at $114.58, slipping 0.1% from the previous session. Its biggest internet stocks posted declines.
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