Oracle (ORCL) Soars 27% This Week; AMD (AMD) Hits All-Time High
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowOracle (ORCL) saw a 27% gain this week, marking its best performance since June 1999, following an expansion of a 1.2-gigawatt AI data center deal with Bloom Energy. Advanced Micro Devices (AMD) rose 13% this week, achieving an all-time high amid a streak of 13 consecutive days of gains, totaling over a 42% increase. Microsoft (MSFT) increased by 14%, rebounding after a significant quarterly loss. The iShares Expanded Tech-Software ETF (IGV) also climbed nearly 14% week-to-date, indicating a broader recovery in the tech sector.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Advanced Micro Devices Inc. (AMD)
Advanced Micro Devices designs CPUs and GPUs that compete with Intel and Nvidia across PCs, gaming consoles, data centers, and AI workloads.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier AMD news
- AMD (AMD) reports renewed investor interest, strong CPU sales
- AMD (AMD) and Onsemi Stocks Show Increase Amid Chip Demand
- AMD (AMD) Q4 2025 Revenue Hits $10.27B, Beats Estimates by $550M
- ARK Invest Boosts PLTR Holdings, Sells AMD Shares
- TSMC (TSM) Q1 Revenue Grows 35% To $35.7 Billion
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