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Technology 28 May 2026 - 29 May 2026

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

Advanced Micro Devices shares jumped more than 5% in midday trading on Thursday, outpacing Nvidia and Intel as investors moved back into chip names after a brief pause in the artificial-intelligence rally. AMD traded at $520.93, up 5.1%, with an intraday high of $526.90; Nvidia rose 0.5%, while Intel slipped 0.4%. The iShares Semiconductor ETF gained 1.9%, and the Nasdaq-100 tracker QQQ rose 0.9%.
U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

Trump administration is talking with several U.S. drone companies about funding, including Unusual Machines and Neros, sending small defense-technology shares up sharply in premarket trade, the Wall Street Journal reported. Debt and equity proposals are on the table, so loans and government stakes could be part of the plan, Reuters said, citing the Journal.
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