Semiconductors respond on Wall Street: $AMD hits Q3 records and jumps above $520 in after-hours trading.
On Wall Street today:
Explosion at $AMDB : It reported record revenue of $13,380M and EPS of $2.09; the stock soared +7.5% after the close to $520.40 (touching a peak of $528.59).
AI server contagion effect: Super Micro ($SMCIB ) surged to $34.94 (+11.3% in after-hours trading), riding the demand for data centers.
Support for the $SPX: After closing at 7,568.92 points (+0.36%), chip strength is supporting the market ahead of today's ISM Services report.
Will AMD hold its breakout above $520 at the opening bell, or will we see profit-taking? 📈
On Wall Street today:
Explosion at $AMDB : It reported record revenue of $13,380M and EPS of $2.09; the stock soared +7.5% after the close to $520.40 (touching a peak of $528.59).
AI server contagion effect: Super Micro ($SMCIB ) surged to $34.94 (+11.3% in after-hours trading), riding the demand for data centers.
Support for the $SPX: After closing at 7,568.92 points (+0.36%), chip strength is supporting the market ahead of today's ISM Services report.
Will AMD hold its breakout above $520 at the opening bell, or will we see profit-taking? 📈
