Vertiv 'A'

There's an incredible amount of uncertainty that's been building within the stock market (and the real economy for that matter) since the start of the year.» Mehr auf 247wallst.com

Designed for next-generation AI factories, Vertiv's 800 VDC solutions planned for 2026, in support of NVIDIA rack-scale compute platforms COLUMBUS, Ohio , May 19, 2025 /PRNewswire/ -- Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today confirmed its strategic alignment with NVIDIA's announcement of an AI roadmap to deploy 800 VDC power architectures for the next generation of AI-centric data centers. Paving the way for future-ready designs, Vertiv's 800 VDC power portfolio is scheduled for release in the second half of 2026 — ahead of NVIDIA Kyber and NVIDIA Rubin Ultra platform rollouts.» Mehr auf prnewswire.com

Live Updates Live Coverage Updates appear automatically as they are published. AMD Up 5% in Mid-Day Trading 1:07 pm by Joel South Advanced Micro Devices (Nasdaq: AMD) is up 5.3% shortly after 1 p.m. ET. AI stocks across the board are seeing market-beating gains today. NVIDIA is up 3.7% while infrastructure stocks like Vertiv are also seeing gains. Still, AMD’s gain is higher than most stocks thanks to the announcement of its deal with Humain as well as its $6 billion share buyback. Looking to the back half of 2025, whether or not AMD can outperform the market largely depends on whether it can continue making inroads as companies continue spending more on inferencing, and also whether it can diversify its customer base. The deals announced this week with Saudi Arabia have led to significant gains for AI stocks because they demonstrate a path to AI companies reducing their reliance on hyperscalers for revenue. Advanced Micro Devices Just Announced a $6 Billion Buyback 10:09 am At the moment, Advanced Micro Devices is up 5.7%, or by $6.50 to $118.86. From here, we’d like to see the tech giant test $125 initially. Fueling upside, the trade war with China is finally cooling. Second, the company just partnered with Saudi Arabia’s AI company, Humain, in a $10 billion deal. AMD also just announced a $6 billion stock buyback program. As noted by Yahoo Finance, “Shares of the chip company jumped nearly 7% on the news that the board has approved that $6 billion share repurchase plan. Represents about 3.3% of the company’s current market value, according to data from Bloomberg. The new authorization in addition to the remaining balance from their last authorization of about $4 billion. What that means, the total current repurchase authorization of about $10 billion.” The Advanced Micro Devices (NASDAQ: AMD) stock is set to open even higher when markets open today. At the moment, shares of AMD are up about 3.3%, or $3.74. That’s because of two key catalysts. First, the trade war with China is finally cooling, at least for the next 90 days. That should remove a good deal of uncertainty from tech stocks, like AMD. Second, the company just partnered with Saudi Arabia’s AI company, Humain, in a $10 billion deal. As noted by Wedbush, “We believe the market opportunity in Saudi Arabia could over time add another $1 trillion to the broader global AI market in the coming years and this dynamic is not being priced into the market and tech names in our view”. Analysts are Calling for AMD to Challenge $200 Analysts at DZ Bank just reiterated a buy rating on AMD with a $200 price target. All thanks to blowout earnings. EPS of 96 cents beat by three cents. Revenue of $7.44 billion, up 36% year over, beat estimates by $320 million. Data Center revenue jumped 57% year-over-year to $3.7 billion thanks to its MI300 AI accelerator and its Instinct and EPYC processors. Revenue from the Client and Gaming segment, which houses AMD’s PC business, was up 28% year-over-year to $2.8 billion. Client revenue was $2.3B, up 68% year-over-year, while gaming revenue tumbled 30% year-over-year to $647 million. Analysts expected EPS of 94 cents on revenues of $7.12 billion. Analysts at Bank of America just raised its price target by $10 to $130 a share. All thanks to AMD’s latest deal with Saudi Arabia. “Bank of America predicts these projects to cost between $3 billion to $5 billion annually, which equates to a range of $15 billion to $20 billion across multiple years”. The post Advanced Micro Devices (NASDAQ: AMD) Live: Stock Soaring Higher Pre-Market appeared first on 24/7 Wall St..» Mehr auf 247wallst.com