According to Jin10, on Friday (May 23), U.S. stock indices closed higher, with the Dow Jones Industrial Average up 0.58%, the S&P 500 rising 0.37%, and the Nasdaq Composite gaining 0.19%. Qualcomm (QCOM.O) led the AI chip sector with an 11.6% gain, while AMD (AMD.O) climbed nearly 4%. The Nasdaq

According to Jin10, U.S. stock indices closed higher on Friday (May 23), with the Dow Jones rising 0.58%, the S&P 500 up 0.37%, and the Nasdaq Composite gaining 0.19%. Qualcomm (QCOM) led gains in the AI chip sector with a 11.6% surge, while Advanced Micro Devices (AMD) increased nearly 4%. The Nasd

According to PANews, AI startup Hark completed $700 million Series A funding on May 21, with a post-money valuation of $6 billion. Parkway Venture Capital led the round, joined by NVIDIA, AMD Ventures, Intel Capital, ARK Invest, and other strategic investors. Hark plans to expand GPU

According to Reuters, AMD announced on May 21 that it will invest more than $10 billion in Taiwan's AI sector to expand capacity for building and assembling advanced AI chips. The company plans to deepen partnerships with Taiwan's ASE and its unit SPIL on more power-efficient AI technology, while

According to Odaily and Jin10, AMD announced on May 21 that its next-generation EPYC processor codenamed "Venice" has begun mass production using TSMC's most advanced 2nm process technology. The chip is the industry's first high-performance computing (HPC) processor to enter mass production using th

According to Guru Club, U.S. stock indices closed higher by over 1% on May 21, with semiconductor stocks leading gains. ARM surged 15%, AMD rose over 8%, and Intel climbed more than 7%. In commodities, WTI crude oil futures fell 5.66% to $98.26

On May 19, chipmaker AMD held its AI Developer Summit in Shanghai, where CEO Lisa Su and Kai-Fu Lee, founder and CEO of 01.AI, discussed the emerging era of multi-agent AI systems. Lee highlighted that beginning in 2026, AI will replace entire departments rather than individual positions, with multi

According to The Economic Times, Agrani Labs, a semiconductor startup founded by four former Intel and AMD executives, is in early talks to raise approximately $100 million in Series A funding. The company, which raised $15 million from Peak XV in 2025 at a $36 million valuation, is developing AI in

According to South China Morning Post, Recursive Superintelligence, co-founded by former Meta researcher Tian Yuandong, raised more than $650 million at a $4.65 billion valuation. The round was led by GV and Greycroft, with Nvidia and AMD as major participants. Tian previously served as research

According to on-chain analyst Ai Yi, trader NMTD.HL (@NMTD8) has accumulated a cumulative short position of $15.2 million in U.S. storage sector stocks on May 11, comprising $11.22 million in SNDK, $2.54 million in AMD, and $1.45 million in MU. The position is currently unrealized loss of $2.47 mill