What is 'Physical AI' and why does it matter?

Physical AI refers to hardware and software for robotics, autonomous systems, and edge computing—as opposed to cloud-based large language models. Investors are placing greater emphasis on it, suggesting they believe demand for the infrastructure to power these applications will be a major driver.

Why did analyst firms raise their price targets for Intel and AMD?

Cantor Fitzgerald and Wells Fargo both cited stronger-than-expected enterprise AI infrastructure demand and confidence in the companies' competitive positions. Wells Fargo forecasts AMD's server CPU revenue at about $16 billion（約2.6兆円） in 2026, with further growth projected as enterprise AI adoption expands.

What is BlackBerry's turnaround based on?

BlackBerry delivered better-than-expected fiscal first-quarter 2027 results, including positive operating cash flow for the first time in nearly a decade and a 26% year-on-year revenue surge to $152.9 million（約240億円）. The company also enhanced its AtHoc mission orchestration platform with new Microsoft Teams and Entra ID integrations.

Yahoo Finance AIJul 1, 2026Jul 1, 2026, 16:01 JST

Intel, AMD hit 52-week highs as investors shift to 'Physical AI' chips

Send on LINE

3 Key Points

What happened
Intel stock reached $142.34, AMD hit $584.73, and BlackBerry rose to a nearly six-year high on Tuesday as investors favored companies building hardware and software for robotics, autonomous systems, and edge computing rather than cloud-based AI.
Why it matters
The shift reflects growing belief that demand for enterprise AI infrastructure—especially for data-center processors and industrial applications—is stronger than the market previously estimated. Cantor Fitzgerald raised Intel's price target to $150 from $90, and Wells Fargo lifted AMD's to $615 from $505 while forecasting AMD's server CPU revenue at about $16 billion（約2.6兆円） in 2026.
What to watch
Intel reports fiscal second-quarter 2026 earnings on July 23, which investors will scrutinize for signs that AI chip and foundry demand is translating into financial results. AMD's upcoming 2-nanometer Venice server processors and Versal Premium Gen 2 chips for industrial AI are also in focus.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

Get news like this every morning, free

FAQ

What is 'Physical AI' and why does it matter?: Physical AI refers to hardware and software for robotics, autonomous systems, and edge computing—as opposed to cloud-based large language models. Investors are placing greater emphasis on it, suggesting they believe demand for the infrastructure to power these applications will be a major driver.
Why did analyst firms raise their price targets for Intel and AMD?: Cantor Fitzgerald and Wells Fargo both cited stronger-than-expected enterprise AI infrastructure demand and confidence in the companies' competitive positions. Wells Fargo forecasts AMD's server CPU revenue at about $16 billion（約2.6兆円） in 2026, with further growth projected as enterprise AI adoption expands.
What is BlackBerry's turnaround based on?: BlackBerry delivered better-than-expected fiscal first-quarter 2027 results, including positive operating cash flow for the first time in nearly a decade and a 26% year-on-year revenue surge to $152.9 million（約240億円）. The company also enhanced its AtHoc mission orchestration platform with new Microsoft Teams and Entra ID integrations.

Yahoo Finance AIRead Original Article

Send on LINE

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Get it free

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.

Next articleAI engineers embrace 'loops' and 'software factories' at world conference