Latest news with #AdvancedMicroDevicesInc
Yahoo
a day ago
- Business
- Yahoo
AMD Acquires Brium to Boost AI Performance, Challenges Nvidia's Dominance
On June 4, Advanced Micro Devices Inc. (NASDAQ:AMD) announced its acquisition of Brium to enhance its open AI software ecosystem and improve the performance of AI models on its hardware. Brium's expertise lies in driving efficient AI inference across various hardware platforms. AI inference helps trained AI models to draw conclusions from new data. Brium's technology is designed to make AI software work seamlessly across various hardware platforms, addressing a key challenge for AMD: many AI workloads are currently optimized for Nvidia's CUDA ecosystem, which limits the practical performance of AMD's Instinct GPUs. The acquisition marks AMD's 4th purchase in the past 2 years and challenges Nvidia Corp's (NASDAQ:NVDA) dominance in the AI hardware market, particularly in AI inference. Previous acquisitions include Silo AI in July 2024, in October 2023, and Mipsology in August 2023. These moves broaden AMD's reach and provide a competitive and open alternative to Nvidia's proprietary software dominance in the expanding AI landscape. Advanced Micro Devices Inc. (NASDAQ:AMD) is a global semiconductor company. It operates through four segments: Data Center, Client, Gaming, and Embedded. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
28-05-2025
- Business
- Yahoo
SOXL, Semiconductor Stocks Jump Ahead of Nvidia Earnings
After a rocky start to 2025, the semiconductor sector has staged a dramatic comeback as investors pile into chipmakers with renewed optimism. The biggest winners? ETFs that double—or triple—down on the space, like the Direxion Daily Semiconductor Bull 3X ETF (SOXL), which surged nearly 10% Tuesday and has now more than doubled since the 2025 low on April 8. Even without the supercharged leverage, semiconductor stocks have gained more than 35%, as measured by the chip sector benchmark VanEck Semiconductor ETF (SMH), since that low mark. With U.S.-China trade tensions easing and the semiconductor leader Nvidia's (NVDA) earnings looming large this week, Wall Street has rediscovered its appetite for the high-growth potential of semiconductors, which are driving the tech sector and the broader U.S. stock market higher. Let's dive into what's driving this powerful rebound and what investors might expect for the rest of the year. One of the biggest catalysts for the semiconductor rally has been the de-escalation in trade tensions between the U.S. and China. After months of uncertainty and tit-for-tat tariffs that had weighed heavily on tech and manufacturing, the White House paused further tariffs in April. That move not only brought relief to global supply chains but also boosted investor confidence that the worst of the trade disruption might be behind us—for now. Semiconductors sit at the heart of this trade story. Companies like Nvidia, Advanced Micro Devices Inc. (AMD) and Qualcomm Inc. (QCOM) rely heavily on both Chinese manufacturing and demand, and any sign of improved U.S.-China relations tends to spark buying in these names. The fact that the broader market has rallied in tandem suggests this isn't just short-term optimism—it could be the beginning of a more sustainable upward trend for the sector. The next major event on investors' radar is Nvidia's quarterly earnings call after the market closes today. Analysts are expecting big things. The chipmaker is widely seen as the front-runner in artificial intelligence infrastructure, and demand for its GPUs remains strong in both the data center and consumer markets. If Nvidia beats expectations, and perhaps more importantly, issues bullish guidance, the entire semiconductor space could get another jolt higher, as well as the broader but tech-heavy S&P 500 index. Traders are positioning for just that. Options activity and semiconductor ETF gains illustrate the heightened expectations. But it's not without risk. If Nvidia misses or disappoints with cautious guidance, we could see a swift reversal—especially in highly volatile instruments like leveraged ETFs. Looking beyond earnings, investors are balancing strong fundamentals in the chip space—think AI growth, edge computing and auto semis—with macro risks like slowing global growth and still-fragile international relations. If economic growth falters later in 2025, cyclicals like semiconductors may come under pressure again. But for now, the trend is clear: Momentum is back. Semiconductor stocks have made an impressive comeback, fueled by improving geopolitics and the promise of blockbuster earnings. Leveraged ETFs like SOXL have been standout performers in this rebound, but they're also high-risk tools best used with care. For investors looking to participate in the rally, the next few weeks could be pivotal. Nvidia's earnings may set the tone for the second half of the year—and while the outlook is optimistic, markets remain sensitive to economic data, trade policy and the Fed's next moves. Bottom line: The chips are back in play. Just be sure to manage risk and stay informed, especially when the market is moving this | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
19-05-2025
- Business
- Mint
Trump's Mideast Chips Deals Imperil US National Security, Democrats Warn
Key Senate Democrats urged the Trump administration to revisit new artificial intelligence deals with Saudi Arabia and the United Arab Emirates, saying that expanded sales of AI chips to the Middle Eastern countries risk exposing advanced technology to China and Russia, while potentially limiting supplies available for American companies. Agreements unveiled by companies including Nvidia Corp. and Advanced Micro Devices Inc. during President Donald Trump's trip to the region last week opened the door for the Gulf nations to buy tens of thousands of advanced semiconductors — just as the administration was moving to rescind Biden-era rules capping those countries' access to chips. The combined moves, warned a group of Senate Democrats led by Elizabeth Warren and Minority Leader Chuck Schumer, endanger US national security and economic competitiveness. 'Taken together, these announcements amount to a breathtaking rollback of export control restrictions that have helped maintain the US technological edge to ensure the United States wins the AI race and prevent our adversaries from accessing our most sensitive technologies,' the senators wrote in a letter Monday to Commerce Secretary Howard Lutnick and Secretary of State Marco Rubio. The US has restricted sales of advanced AI semiconductors to Saudi Arabia and the UAE since 2023, part of a broader effort to prevent China from accessing banned American technology via intermediaries. Trump administration officials have been negotiating with the Saudi and UAE governments on ways to ease some of those restrictions on sophisticated chips, which the Gulf nations need to fuel their ambitions to become regional AI hubs. In their letter, the Democratic senators called for ensuring that AI chips deals with Saudi Arabia and the UAE contain adequate guardrails to prevent the leakage of sensitive technology to China and Russia. While the two Gulf nations are important regional partners, the lawmakers wrote, they've also had previous commercial ties to Chinese entities including Huawei Technologies Co., a telecom equipment maker that's been targeted by US policymakers over national security concerns for more than a decade. Spokespeople for the White House, Commerce Department and State Department didn't immediately respond to requests for comment. On Saturday, Lutnick hailed a new AI data-center partnership with the UAE, emphasizing that security conditions would need to be met. 'Renewed, targeted investment is essential to our nation's success in this critical technology,' Lutnick wrote in a post on X. 'Any advanced semiconductor data center in the UAE or abroad will only be authorized if they operate with US government-approved data center operators and cloud service providers.' Spokespeople for Nvidia and AMD didn't immediately respond to requests for comment. Companies announced their Middle East projects the same week that the Trump administration started the process of revoking the so-called AI diffusion rule launched under President Joe Biden. That measure, which created three tiers of access for countries seeking AI chips, drew intense opposition from American allies and companies like Nvidia over the constraints it placed on nations' chip purchases. Trump administration officials are now drafting their own approach that's expected to shift toward negotiating individual deals with countries. The Democratic lawmakers said the diffusion rule had sought to prevent China and other adversaries from acquiring AI technology — which can be used to craft bioweapons, carry out cyberattacks and conduct widespread surveillance. Trump 'is now recklessly undermining these controls,' they wrote. Spokespeople for the Saudi and UAE embassies didn't immediately respond to requests for comment. Bilateral agreements taking shape between the US and the Saudi and Emirati governments would still contain provisions aimed at preventing the diversion of technology to China and bar Chinese AI companies from remotely accessing facilities, Bloomberg has reported. Reservations among Senate Democrats echoed concerns from some China hawks within the Trump administration that the deals unveiled in the Gulf last week lacked adequate measures to keep American chips from ultimately benefiting China, Bloomberg has reported. Some senior Trump officials also questioned the wisdom of shipping large quantities of chips to any location outside the US, given the administration's focus on maintaining American dominance in AI. Without adequate protections, the senators wrote, companies will be encouraged to move data infrastructure offshore to the highest bidder, undermining projects in the US. Large-scale sales of advanced microprocessors for artificial intelligence projects in the Gulf region also risk depriving American companies of semiconductors needed for their own projects, they wrote. 'At a time when many US companies need to wait years to acquire cutting-edge AI hardware, we find it deeply troubling that the Trump Administration is prioritizing making our latest technology available to Saudi Arabia and the UAE,' the lawmakers wrote. In addition to Schumer and Warren, the other signers included Senators Jack Reed, Mark Warner, Elissa Slotkin, Chris Coons, Chris Van Hollen and Kirsten Gillibrand. The Democrats are citing access to components for US companies as a concern at a time when investors are increasingly worried that the worldwide build-out of data centers, which caused tight supply, is slowing. If that slowdown is real, availability would quickly cease to be a problem. With assistance from Ian King. This article was generated from an automated news agency feed without modifications to text.
The Sun
17-05-2025
- Business
- The Sun
Stronger Malaysia-Russia ties not at expense of others, says PM Anwar
KAZAN: Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia's growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests. He stressed that strengthening relations with one country does not mean weakening ties with others, including the United States (US). 'It should not be seen as a matter of a zero-sum game. It should be complementary,' Anwar told reporters at the exit press conference at the end of his four-day official visit to Russia, when asked if close ties with Moscow would affect Malaysia's relations with other countries. His official visit here included meetings with President Vladimir Putin, Prime Minister Mikhail Mishustin and several industry leaders in Moscow and Kazan. In fact, as an open trading nation, Malaysia remains committed to expanding trade partnerships broadly and independently, as part of efforts to protect and promote national economic interests, said Anwar, who is also Finance Minister. 'Malaysia is a trading country. To protect our interests, we have to broaden and expand our market and trading partnerships,' he said. Malaysia continues to welcome American investments, citing recent discussions between Malaysian agencies and US counterparts. 'In fact, just last week, AMD (Advanced Micro Devices Inc) was there. There have been serious discussions to expand activities, and we certainly welcome that,' said the prime minister. Touching on the sanctions faced by Russia, Anwar reiterated Malaysia's position that only sanctions endorsed by multilateral institutions like the United Nations (UN) carry weight in its foreign policy considerations. 'If a sanction is imposed by a multilateral agency like the UN, of course, we respect that. But if it is a unilateral action by any individual country, that is difficult for us as an independent country to just honour,' he said. He acknowledged that payment-related issues were raised by Malaysian businesses operating in Russia, but said both governments are working to find solutions. 'There are many areas that are not under sanction, such as education. We are moving forward in those sectors,' he said. During his visit, Anwar focused on boosting economic cooperation, especially in the halal industry and Islamic finance.
The Sun
17-05-2025
- Business
- The Sun
Stronger Malaysia-Russia ties not at expense of others
KAZAN: Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia's growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests. He stressed that strengthening relations with one country does not mean weakening ties with others, including the United States (US). 'It should not be seen as a matter of a zero-sum game. It should be complementary,' Anwar told reporters at the exit press conference at the end of his four-day official visit to Russia, when asked if close ties with Moscow would affect Malaysia's relations with other countries. His official visit here included meetings with President Vladimir Putin, Prime Minister Mikhail Mishustin and several industry leaders in Moscow and Kazan. In fact, as an open trading nation, Malaysia remains committed to expanding trade partnerships broadly and independently, as part of efforts to protect and promote national economic interests, said Anwar, who is also Finance Minister. 'Malaysia is a trading country. To protect our interests, we have to broaden and expand our market and trading partnerships,' he said. Malaysia continues to welcome American investments, citing recent discussions between Malaysian agencies and US counterparts. 'In fact, just last week, AMD (Advanced Micro Devices Inc) was there. There have been serious discussions to expand activities, and we certainly welcome that,' said the prime minister. Touching on the sanctions faced by Russia, Anwar reiterated Malaysia's position that only sanctions endorsed by multilateral institutions like the United Nations (UN) carry weight in its foreign policy considerations. 'If a sanction is imposed by a multilateral agency like the UN, of course, we respect that. But if it is a unilateral action by any individual country, that is difficult for us as an independent country to just honour,' he said. He acknowledged that payment-related issues were raised by Malaysian businesses operating in Russia, but said both governments are working to find solutions. 'There are many areas that are not under sanction, such as education. We are moving forward in those sectors,' he said. During his visit, Anwar focused on boosting economic cooperation, especially in the halal industry and Islamic finance.
