Synopsys Stock Turns Back Toward AI Chip Race After New TSMC Design Push

Synopsys Inc. has pushed further into Taiwan Semiconductor Manufacturing Co.’s cutting-edge chipmaking platform this week, rolling out updated design software, interface IP, and analysis tools tailored for TSMC’s 3-nanometer, 2-nanometer, A16, and A14 processes, as AI chip design and verification challenges mount.

Qualcomm Stock Jumps Before April 29 Earnings, But the AI Trade Has a Hard Test Ahead

Qualcomm Stock Jumps Before April 29 Earnings, But the AI Trade Has a Hard Test Ahead

Qualcomm shot up roughly 9.7% to $146.97 in early U.S. trade Friday, a brisk rally that doesn’t settle the bigger question hanging over the stock—next week’s earnings will have to prove the chipmaker isn’t just tied to smartphone swings. Adobe barely budged at $238.76, its shares unmoved even after a hefty buyback, as skepticism around the AI-heavy tech name persisted.
IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

IREN Limited has locked in May 7 for its fiscal Q3 earnings update, teeing up the next big look at its AI data center push after shares on the Nasdaq surged 7.5% Thursday. The company plans to detail results for the quarter through March 31, with a call for investors scheduled at 5 p.m. Eastern.
AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

Shares of Advanced Micro Devices jumped over 7% in U.S. premarket trading Friday, as a surge in central processor names followed Intel’s numbers, which flagged mounting AI data-center appetite outside the graphics chips that have led the sector. AMD and Arm both traded higher; investors are now wagering that answering AI queries—known as inference—will drive heavier use of CPUs in big server clusters.
Comfort Systems USA Stock Jumps After Profit More Than Doubles On Data Center Demand

Comfort Systems USA Stock Jumps After Profit More Than Doubles On Data Center Demand

Comfort Systems USA Inc. saw its first-quarter profit surge, with technology and data-center projects driving both revenue and backlog sharply higher—pushing shares up after hours. The Houston contractor posted net income of $370.4 million, or $10.51 per diluted share, a jump from $169.3 million, or $4.75 per share, in the same quarter last year.
Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments projected second-quarter revenue and profit ahead of Wall Street expectations on Wednesday, citing a pickup in orders from both data-center and industrial clients. Shares popped about 8% in after-hours trade. Investors saw the outlook as a clearer indication that analog chip demand is bouncing back, following a lengthy inventory correction.
IBM Earnings Today: Red Hat, Confluent and AI Risk Put a $15.6 Billion Quarter in Focus

IBM Earnings Today: Red Hat, Confluent and AI Risk Put a $15.6 Billion Quarter in Focus

International Business Machines Corp. is set to report first-quarter results on Wednesday. This time, the Street isn’t so focused on revenue growth itself—attention is shifting to software performance and whether the early completion of its $11 billion Confluent acquisition will be enough to lift guidance for 2026.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.