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Unstoppable AI chip stock momentum: AMD's worth 310 billion and hits new highs
AMD's significant rise on Thursday coincided with a strong showing in AI chip stocks. AMD surged by 9%, reaching a market value exceeding $3 Show More
AMD's significant rise on Thursday coincided with a strong showing in AI chip stocks. AMD surged by 9%, reaching a market value exceeding $310 billion and establishing new highs. Additionally, Arm saw a more than 5.4% increase, marking a year-to-date growth of over 60%. NVDA rose 2%, and SMCI and MRVL each gained 6.1%.
Analyst Christopher Danely noted the ongoing solid demand for personal computers, smartphones, and servers alongside the growing AI market, which continues to attract various enterprises. This positive outlook extends to semiconductor stocks, where bullish sentiment remains strong.

📣Discussion:
1. Do you believe AMD's upward momentum can be sustained?
2. What's your outlook on the future of AI chip stocks, and which stocks do you favor?
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