$AMD

AI data center spending is projected to reach $750B in 2023 and over $1T in 2024. Nvidia (NVDA) and AMD (AMD) have seen significant stock growth. NVDA reported $96.2B in Q2 sales, up 117% YoY, with a P/E of 29. AMD's Q2 data center revenue doubled to $6.7B, with a P/E of 121. Both are positioned for AI growth, but NVDA is seen as cheaper.

AMD (AMD) reported 107% year-over-year data center revenue growth, with $6.72B in data center revenue, 58% of total revenue. Intel (INTC) saw 59% growth in its DCAI segment, but faces foundry losses. AMD's gross margin was 56% vs. Intel's 41.8%. AMD gained x86 server share and secured AI accelerator deals, guiding Q3 revenue at ~$13B. Intel aims to start 14A production in 2H 2027.

Advanced Micro Devices (AMD) and NVIDIA reported strong Q2 earnings, with AMD posting $11.54B revenue and NVIDIA $9.62B. AMD's gross margin expanded to 56%, while NVIDIA's was 75%. Both companies are competing in the AI accelerator market, with AMD's Helios and NVIDIA's Vera Rubin as key products. Investors are watching gross margins for signs of pricing power and market share shifts.

AMD, Cisco, and HUMAIN expanded their AI infrastructure collaboration in Saudi Arabia, with AMD's Instinct MI355X GPUs now live. They plan to deploy up to 250 MW of additional AI infrastructure by 2027, using AMD's MI400 Series GPUs and Cisco's networking. AMD's Data Center revenues surged 107% YoY to $6.7B in Q2 2026, with expectations of significant growth in 2027. The expansion strengthens AMD's position against NVIDIA and Broadcom in the sovereign AI market.

Anthropic, a private AI company, agreed to a $35B computing deal with Lambda, a cloud provider backed by NVIDIA (NVDA). NVIDIA supplies GPUs, holds equity in Anthropic, and earns rental revenue. Analysts note Anthropic may need an IPO to fund the deal, highlighting a potential funding gap. NVIDIA reported Q2 FY27 revenue of $96.22B, up 105.85% YoY, with Data Center revenue at $89.02B. AMD (AMD) also has compute deals with AI firms, sharing industry risk.

AMD is focusing on AI inference and expanding its data center market share with products like Helios and Instinct. The company's valuation is under scrutiny as it aims to convert deployments into sustained earnings growth. According to the article, the opportunity is substantial if inference becomes a larger profit engine.

TSMC has scaled its hybrid bonding technology to 6 microns, with plans to reach 4.5 microns by 2029. Intel and AMD have adopted hybrid bonding in their chips. However, HBM4 memory will use older microbump technology, delaying hybrid bonding's use in memory until HBM4E and HBM5. TSMC and Intel are leading in hybrid bonding, with TSMC's SoIC platform in high volume and Intel's Foveros Direct in production. SK hynix, Micron, and Samsung are investing in packaging capacity for future hybrid bonding

Nasdaq (QQQ) dropped 1.27% on September 2026's first trading day, led by declines in AMD (AMD), Micron (MU), Tesla (TSLA), Oracle (ORCL), and Palantir (PLTR). Apple (AAPL) gained 2.61% amid CEO Tim Cook's retirement. WTI crude closed at $91.01, Brent at $95.45. Canada-U.S. trade talks paused due to political tensions.

ARK ETF sold $74.5M of AMD and bought $76.0M combined of NVIDIA (NVDA) and Broadcom (AVGO) on Aug 28, 2026. The trades indicate a rotation within AI exposure, not a retreat from semiconductors. ARK remains committed to AI but prefers established platforms and infrastructure.

AMD announced its EPYC processors will power Kodiak AI's autonomous truck platform, improving compute performance and processing speed. Kodiak's CEO highlighted the need for high processing capabilities to handle sensor data and AI workloads. The EPYC processors offer 80 PCIe lanes and up to 4.4 GHz max boost frequency, enabling faster data processing and real-time reactions.