Shares of Advanced Micro Devices (AMD) and Dell Technologies (DELL) are moving in pre-market trading as the AI rally continues to ride high. AMD has reached a $300 billion market valuation, while Dell has received new orders for one of its chips. Shipping for the novel technology will begin this quarter, according to a note from Melius Research. Yahoo Finance Senior Reporter Jared Blikre joins the Live show to break down the latest movements for these companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Advanced Micro Devices (AMD) stock rises to a new all-time high, on the path to potentially close Thursday with a market cap of $300 billion if it holds onto gains. Yahoo Finance Live monitors the semiconductor stock as Citi analysts remain bullish on the sector as a whole. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The tech equipment maker beat earnings expectations, fueled by a surge in demand for its artificial intelligence servers–its backlog rose to $2.9 billion from $1.6 billion just a quarter ago.