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Applied Materials Gets Upgrade, KLA Cut as Jefferies Highlights Chip Equipment Sector's Outlook
AMD is facing challenges on all fronts! After failing to compete with NVIDIA, is it now going to face the recovering Intel?
AMD has already struggled against NVIDIA in the AI market, and now faces the strong comeback of Intel. Analysts have downgraded AMD's rating, warning that it may be difficult to maintain its market share.
U.S. stocks closed | Under the shadow of tariffs, all three major indexes declined, automotive stocks fell again, with General Motors continuing to drop over 7%; the AI application Star Stock AppLovin plummeted over 20%.
Ford Motor fell almost 4%; the Chip Index and NVIDIA dropped over 2%; Apple rebounded over 1%, and Tesla briefly rebounded over 7% before giving up most of its gains; the China Concept Index closed up over 1%, with Alibaba and JD.com rising over 2%, while "Weilai" and "Xiaopeng" at least fell by 2%. The European automotive Sector fell nearly 1%, with Stellantis down over 4%. Crude Oil Product reached new highs for the month. New Copper said goodbye to record highs, falling nearly 3% at one point.
$100 Invested In This Stock 10 Years Ago Would Be Worth This Much Today
Only 7 Large-cap Stocks Are Cheaper Than Nvidia Using This Key Metric