fintech / news / / Benzinga
Major U.S. indices ended Tuesday higher, with the Dow Jones Industrial Average climbing 0.73% to 49,298.25.
AMD's after-hours stock price surged 16.54% following strong Q1 earnings and upbeat AI-driven outlook.
KEY POINTS
- Super Micro Computer missed revenue expectations but issued fourth-quarter guidance above estimates, boosting after-hours shares 18%.
- Intel cleared a key antitrust obstacle to invest in AI chip startup SambaNova, raising investor confidence.
- Micron's CEO stressed AI memory supply is tight, not demand, contributing to an 11.10% stock jump.
COMPANIES
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