Advanced Micro Devices, Inc. - Common Stock (AMD)

Intel stock rallied late Wednesday after the semiconductor giant named Lip-Bu Tan as its new chief executive officer.

TSMC's proposed joint venture with Intel aims to revitalize Intel's foundry division by collaborating with major U.S. chip designers.

Micron stock is trading higher on Wednesday amid a rebound in technology stocks following softer-than-expected CPI data for February.

Traders found relief in a cooler-than-expected inflation report, driving tech-heavy indices to a rebound on Wednesday despite ongoing trade tensions.

Shares of leading designer of graphics chips Nvidia (NASDAQNVDA) jumped 6.9% in the morning session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI (Consumer Price Index - a gauge of the average price consumers pay for goods and services) rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not quite there yet. The reaction wasn't anything wild, but the sentiment leaned positive. The Nasdaq led the way, climbing 1.4%, boosting some tech stocks. 

Intel Corp (INTC) stock jumped 5.36% on reports of a joint venture with TSMC, but with long-term struggles and bearish outlook, it may be short-lived.

AMD CEO Lisa Su is confident in the company's AI dominance, fueled by growth in AI GPUs, server CPUs, and strategic partnerships.

TSMC proposes JV with US chip designers to manage Intel's factories after Trump's request for Intel's revival.

With the market pulling back from its highs, there are more opportunities for long-term investors.

Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.

In 2025, we expect 9.5% growth in the global semiconductor market, driven by robust demand for data centre services, including AI. However, growth in other, more mature segments is expected to be stagnant. 

While Nvidia has been the undisputed winner in the AI boom, the market is shifting its focus beyond chipmakers to companies integrating AI into their business models.

Needham starts coverage on Ocular Therapeutix with a Buy rating, citing Axpaxli's potential in wet AMD and forecasting $1.5 billion peak sales.

Down 11% this year, Amazon stock has fallen to under $200 a share again, presenting a more attractive entry point for investors.