See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/26/2026 | 630.47 |
| Change that session | -1.89% |
NVDA
• NeutralNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 215.98 |
| Change that session | +2.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- AMD To Invest $1B In Meta Stock Offering As AI Partnership Expands — Helios Systems Now Running At Meta
- AMD To Invest $1B In Meta Stock Offering As AI Partnership Expands — Helios Systems Now Running At Meta
AMD said it will invest $1 billion in Meta Platforms' equity offering, and its Helios systems have been installed and are being tested by Meta ahead of broader deployment. EPYC processors power Meta's Muse AI agent, and AMD's technology also supports the Muse Spark Open and Muse Glimmer models. The developments build on a February agreement under which Meta plans to deploy up to 6 gigawatts of AMD GPUs across multiple generations. Meta raised its Class A common-stock offering to $25 billion from $22.5 billion, priced at $625 per share; together with a 250 million mandatory convertible preferred offering at $50 each, the two offerings total about $37.5 billion, and Nvidia earlier announced a $3 billion investment in the offering. Meta also plans a further share-sale program of up to $60 billion, expected to begin in the first quarter of 2027, which has not yet launched.
- Advanced Micro Devices (AMD) Ties AI Deals To $95 Billion Infrastructure Push
On October 26, 2026, AMD was named among suppliers tied to Meta's plan to raise up to US$95 billion for AI infrastructure, including nonbinding purchase interest in future hardware. AMD also disclosed a collaboration with QuTwo and LeadDesk combining quantum-inspired AI model compression with AMD compute for conversational AI in regulated European sectors. Cloud provider Vultr announced an AI expansion in India, building the country's largest AI supercluster around AMD Instinct MI355X GPUs. The article argues these deals suggest AMD is moving from selling chips to supplying fuller AI infrastructure, and says the key checkpoints are data center margins and the supply of high bandwidth memory and advanced packaging, to be watched in upcoming quarterly reports and 2027 guidance.
- AMD and Meta Advance Strategic Partnership to Power Meta's Superintelligence Infrastructure
AMD and Meta announced an expanded strategic partnership covering CPUs, GPUs, networking, systems and software for Meta's services and AI infrastructure. Initial AMD Helios rackscale systems are installed and being tested at Meta ahead of a broader deployment in the near future, while AMD EPYC processors support the computing environment behind Meta's Muse AI agent. Meta will deploy a custom AMD Instinct GPU optimized for its workloads, and the companies are aligning product roadmaps around future generations. AMD also said it will invest $1 billion in Meta's equity offering.
- AMD Stock Fell 8% in a Day as Lam Research’s Supply Warning Sank Chip Stocks. Here’s Where the Stock Could Go by 2030
AMD closed at $507.93 on October 22, down 8.10% after Lam Research (LRCX) said supply constraints held down its guidance, a drop larger than the 6.72% fall in the Philadelphia Semiconductor Index. The stock was 21.79% below its October 6 record close of $649.42. The article attributes the decline to a lower multiple rather than to estimates: AMD's NTM P/E fell from about 55x to about 46x between September 30 and October 22, while NTM normalized EPS held near $11. The main risk it identifies is the timing of rack-scale shipments, since delays would cut the estimates the model starts from. AMD reports third-quarter results on November 3 after the close.
- Chip Stocks Fall as Supply Warning Deepens AI Selloff: Marvell and AMD Sink 8%, Intel Drops 7%
Chip stocks fell after a supply warning from Lam Research (LRCX), a maker of chipmaking equipment, deepened an AI-driven selloff across the semiconductor sector. Marvell (MRVL) dropped 8% to $224.64, AMD fell 8% to $509.79 and Intel (INTC) slid 7% to $86.64, while the iShares Semiconductor ETF (SOXX) declined 6% and the Invesco QQQ Trust (QQQ) fell only 2%. On its October 21 earnings call, Lam CFO Doug Bettinger said revenue guidance would have been higher without near-term supply chain constraints, and CEO Tim Archer said clean room space and component limits would keep restricting chipmakers' ability to meet end demand into calendar year 2027. Archer argued the current tightness is nothing like COVID-era shortages, while Bettinger expects shipments that slip out of the December quarter to go out in the March quarter.
Related markets
Latest news
- Oracle, in effort to reduce reliance on Nvidia, adds AI chips from Google, Cerebras, and SambaNova
Oracle is diversifying its AI cloud infrastructure by bringing chips from Google, Cerebras and SambaNova onto its networks, aiming to reduce reliance on Nvidia's processors. It marks the first time Google is selling its Tensor Processing Units (TPUs) for use in a third-party data center rather than only renting capacity. Cerebras' chips will provide AI inference and agent processing, while SambaNova's SN50 processor will handle agentic inference. Companies are cutting dependence on Nvidia to avoid single-supplier lock-in and contain costs, though Oracle is also adding Nvidia's Vera Rubin NVL72 superclusters and Vera CPUs, and is partnering with OpenAI on Oracle AI Workspace and Oracle AI Security Mesh.
- USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko
A Kaiko report says Circle's USDC has overtaken Tether's USDT in stablecoin trading against the euro, rising to 56% of such trading from 10% in January 2024. The shift accelerated after major exchanges restricted USDT trading for European Economic Area customers under MiCA, and USDC order books are now roughly 40% deeper. Tether still has a circulating supply about 2.5 times that of USDC. About two weeks earlier, the European Banking Authority designated USDC as the EU's first 'significant e-money token', bringing it under direct EBA supervision. Kaiko says the US GENIUS Act could bring a similar shift to American exchanges, as the Office of the Comptroller of the Currency's first final rule takes effect on January 18, 2027.
- Intuitive Machines Surges 9% as Small-Cap Space Selloff Reverses; Rocket Lab Climbs 7%, SpaceX Lags
Small-cap space stocks rebounded after a steep monthly slide: Intuitive Machines rose 9% to $11.47, Rocket Lab gained 7% to $57.72, and SpaceX rose 2% to $149.79. Intuitive Machines is still down 27% over the past month. In its Q2 2026 report, it posted revenue of $206.17 million, more than four times the $50.31 million a year earlier, and a record backlog of $1.76 billion, while confirming full-year revenue guidance of $900 million to $1 billion. National-security work rose from 3% to 30% of Q2 revenue, and the company won an 18-spacecraft award for the Golden Dome missile defense constellation. However, it has not guided on when it expects free cash flow, and ended Q2 with $367 million after a $60 million operating outflow.
- You Can Do Better Than Nike. Buy This High-Yield Dividend Stock Instead.
The article argues Target is a better-value, higher-dividend alternative to Nike. Nike shares are down 40% this year, and its fiscal 2027 guidance calls for revenue to fall in the high single digits and adjusted EPS of $1.15 to $1.35, down from $2.10 in fiscal 2026. Target shares are up 57% year to date after four years of negative returns, with a $6 billion investment plan, Q2 sales up 5%, and raised fiscal 2026 guidance. Its $1.16 dividend has been raised for 57 consecutive years, yielding 2.93% with a 45% payout ratio. Nike trades at 17 times earnings and 21 times forward earnings, while Target trades at 16 times earnings and 15 times forward earnings.
- Critical Minerals Stocks Rally as Sector Bid Broadens: United States Antimony and USA Rare Earth Jump 11%, Critical Metals Climbs 8%
Critical minerals stocks rallied together: United States Antimony and USA Rare Earth both rose 11% to $3.17 and $9.89, Critical Metals gained 8% to $6.91, and the VanEck Rare Earth and Strategic Metals ETF (REMX) rose 4%. United States Antimony released a technical report valuing the measured and indicated resources at its wholly owned Nolan Creek gold and antimony property in Alaska at more than $314 million, with mining tentatively planned to begin by year-end. Critical Metals completed its acquisition of European Lithium, though its reports still flag substantial doubt about its ability to continue as a going concern. Despite the gains, shares remain down year to date: United States Antimony 37%, USA Rare Earth 17%, Critical Metals 0.6%, and REMX 27%. The article notes investors may consider keeping position sizes modest until the Nolan Creek plans are clearer.
- Honda warns 50% Canada auto tariffs would be catastrophic for auto industry
Jennifer Thomas, senior vice president of corporate affairs at American Honda Motor, warned that the auto industry would face a “catastrophic” scenario if the U.S. and Canada fail to reach a new trade deal by year-end. President Trump has threatened to raise tariffs on Canadian vehicles and parts from 25% to 50% on Jan. 1 if no deal is reached. Thomas said an ideal outcome would be a trilateral agreement including Mexico, like USMCA, and said she is “cautiously optimistic” after reports that talks have resumed, including easing levies on aluminum. The U.S. Trade Representative, Jamieson Greer, has moved USMCA into an annual review instead of a 16-year automatic extension. Honda is the second-largest vehicle producer in Canada behind Toyota, but says more than 60% of the vehicles it sells in the U.S. are built domestically, while U.S. deals with Japan and South Korea include 15% tariffs on vehicles.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.