AMD News & Events

Mixed options sentiment in Advanced Micro Devices (AMD), with shares up $10.39, or 5.4%, near $202.82. Options volume relatively light with 457k contracts traded and puts leading calls for a put/call ratio of 1.09, compared to a typical level near 1.11. Implied volatility (IV30) dropped 5.77 near 54.01,and above the 52wk median, suggesting an expected daily move of $6.90. Put-call skew flattened, suggesting a modestly bullish tone.

Adeia (ADEA) announced it has entered into a multi-year license agreement with Advanced Micro Devices (AMD) for access to Adeia's comprehensive semiconductor intellectual property portfolio. The agreement also resolves all outstanding litigation between the companies. "We are pleased to reach this agreement with AMD, a global leader in high-performance computing and advanced semiconductor solutions," said Paul E. Davis, chief executive officer of Adeia. "Resolving our disputes allows both companies to move forward and creates an opportunity for exploring future collaborations on advanced semiconductor technologies."

Stocks fell as markets continue to be rocked by the war in the Middle East, which entered its sixth day and has boosted oil and gas prices. Benchmark U.S. oil prices hit $81 per barrel and bonds slid as headlines continued to depict war escalating in Iran and the Middle East. The S&P 500 lost over 0.5% and the Dow fell almost 2% as Bloomberg also reported that U.S. officials have written draft regulations that would restrict AI chip shipments to anywhere in the world without American approval.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Broadcomrallied after the company said it expects artificial intelligence chip sales toin 2027OpenAI toppedas of end of last month, The Information reportsKrogerreported, but gave a FY26 EPS outlook range that missed consensus at the midpoint24 states haveto block his latest round of tariffsNetflixthe acquisition of InterPositive, a filmmaking technology company founded by Ben Affleck2. WALL STREET CALLS:Meta Platformsto Neutral from Buy at AreteScotiabankMongoDBto Outperform following its post-earnings selloffPenn Entertainmentto Buy at BenchmarkBernsteinCoreWeaveat Underperform on hyperscaler competition riskJPMorgan and WedbushStubHubto Neutral after its earnings miss and guidance reset3. AROUND THE WEB:White House officials have drafted regulations that would require companies to seek U.S. permission for virtually all exports of AI accelerators from companies like Nvidiaand AMD, Bloomberg saysAlibabasaid it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang, Reuters reportsOracleplans thousands of job cuts, Bloomberg reportsNvidiahas stopped production of its second-most advanced artificial intelligence chips intended for the Chinese market, FT reportsSonyno longer plans to release its big single-player PlayStation 5 games on PC, a major strategy shift that sees it returning to console exclusivity, Bloomberg says4. MOVERS:Tango Therapeuticsgained after reportingand entering a clinical collaboration agreement with ErascaPalladyne AIadvanced afterfor FY26StubHubQ4 GMS and revenue about 7% below consensus estimates, while the FY26 outlook for GMS and EBITDA came in "well below" estimatesGrocery Outletfell after reportingand providing an update on its restructuring planPepGendeclined after announcing the FDA placed aon a Phase 2 trial of PGN-EDODM15. EARNINGS/GUIDANCE:BJ's Wholesalereported, with EPS and revenue beating consensusJD.comreported, with CEO Sandy Xu "pleased to close out 2026 with fourth quarter results in line with expectations"American Eaglereported what Telsey Advisory said wereVictoria's Secretreported, with CEO Hillary Super commenting, "We delivered an exceptional fourth quarter and a standout year"Cienareportedand provided guidance for Q2INDEXES:The Dow fell 784.67, or 1.61%, to 47,954.74, the Nasdaq lost 58.50, or 0.26%, to 22,748.99, and the S&P 500 declined 38.79, or 0.56%, to 6,830.71.

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.SCALING BACK:OpenAI is scaling back plans to enable direct checkout within ChatGPT, opting instead to complete transactions through integrated third-party apps, The Information's Ann Gehan and Sri Muppidi. Due to users' habit of "browsing without buying" and technical barriers such as inventory synchronization and fraud prevention, only about a dozen of the millions of Shopifymerchants have actually integrated, according to the report.AI CHIP SHIPMENTS:White House officials have drafted regulations that would restrict AI chip shipments to anywhere in the world without American approval, Mackenzie Hawkins of Bloomberg reports, citing people familiar with the matter. The proposed regulations would require companies to seek U.S. permission for virtually all exports of AI accelerators from companies like Nvidiaand AMD, an expansion of curbs that currently cover around 40 countries, sources tell Bloomberg.ANNUALIZED REVENUE:AI startup OpenAI topped $25B in annualized revenue as of the end of last month, The Information's Sri Muppidi, citing a person familiar with the matter. This is a 17% increase from the $21.4B in annualized revenue that the company generated at the end of the year, the author adds.EXTREME REASONING:OpenAI is preparing to launch GPT-5.4, with an "extreme" reasoning mode and a 1M-token context window, matching past models but up from GPT-5.2's 400K, The Information's Stephanie Palazzolo.SUPPLY CHAIN RISK:An industry group of big tech companies has expressed concern to U.S. Secretary of Defense Pete Hegseth about his declaring Anthropic a supply chain risk, saying it creates uncertainty for companies that could threaten the military's access to the best products and services, Karen Freifeld of Reuters. "We are concerned by recent reports regarding the Department of War's consideration of imposing a supply chain risk designation in response to a procurement dispute," the Information Technology Industry Council, whose members include Nvidia, Amazon, and Apple, said in a letter dated Wednesday. The letter states that the declaration threatens "to undermine the government's access to the best-in-class products and services from American companies that serve all agencies and components of the federal government."HUMANOID ROBOTS:Texas Instrumentsannounced it is accelerating the safe deployment of humanoid robots into the real world with Nvidia. By combining TI's real-time motor control, sensing, radar and power technologies with Nvidia's advanced robotics compute, ethernet based sensing and simulation technologies, robotics developers can validate perception, actuation and safety earlier and more accurately. TI connects Nvidia physical AI compute to real-world applications with deterministic control, sensing, power and safety at every joint and subsystem. This partnership will help developers move faster from virtual development to production-ready, scalable and safety-compliant systems. As part of this collaboration, TI designed a sensor fusion solution by integrating its mmWave radar technology with Nvidia Jetson Thor using Nvidia Holoscan Sensor Bridge to enable low-latency, 3D perception and safety awareness for humanoid robots. TI will showcase the solution at Nvidia GTC, March 16-19, in San Jose, California.JOB CUTS:Amazoncut jobs inside its robotics division this week, the latest reductions in a sweeping cost-cutting campaign, Business Insider's Eugene Kim. In a message to employees on Tuesday, seen by Business Insider, Amazon Robotics VP Scott Dresser described the changes as "difficult but necessary." He stressed that robotics remains a "strategic priority" even as the company restructures and pares back certain efforts. It's unclear how many employees were affected by Tuesday's cuts, the author adds.