AI Stocks & Markets

Today's Stories

1. 1

   Intel jumps 10% as AI spending fears ease, Melius starts Buy

   Intel shares jumped about 10% on Monday, as Melius Research initiated a Buy rating, Tigress Financial raised its price target, and reports said SK Hynix is exploring a manufacturing arrangement involving Intel's Ohio facility. The rally suggests investors are reassessing fears that AI infrastructure spending could slow, with the broader chip sector advancing and Intel's turnaround efforts tied to AI servers and foundry expansion drawing attention.

   The move hinges on whether the SK Hynix arrangement materializes, since the body only says it is being explored; the stock's run also reflects sentiment that could shift with oil prices, Treasury yields, or AI spending signals.

2. 2

   Sandisk: $93.9 billion backlog as AI inference demand grows

   Sandisk customers are expanding multi-year commitments as inference requirements rise, strengthening the signal beyond its existing $93.9 billion backlog. Data center is now 38% of Sandisk's business and nearing half of NAND demand, leaving room for mix expansion, per the analysis.

   The test is whether High Bandwidth Flash adds 2027 AI optionality and Stargate QLC lands enterprise inference storage demand; the stock trades at 8.4x FY1 non-GAAP earnings versus Micron's 13.8x.

3. 3

   Dell books record $60.9 billion in AI-server orders

   Dell said it booked a record $60.9 billion in AI-server orders and $16.4 billion in AI-server revenues in the second quarter of fiscal 2027, exiting with a $95 billion backlog. The backlog suggests the AI-server demand Dell reported is not just booked but still waiting to be delivered, which points to revenue visibility beyond the quarter.

   Dell's AI-server revenue growth hinges on converting that backlog, while SMCI and CSCO are also chasing the same Neocloud and enterprise customers.

4. 4

   AMD hits major milestone as AI stocks blaze higher

   AMD hit a major milestone, and AI stocks blazed higher. The milestone and the broader AI stock rally point to positive momentum for AMD and the sector.

   Further details on the milestone and whether AI stocks sustain their gains.

5. 5

   Meta's Muse AI Agent Sparks Chip Rally; AMD Hits $1T

   Meta introduced its Muse AI agent, triggering a rally in Intel and fellow chip stocks, while AMD reached a $1T market cap. The market's reaction suggests investors see Meta's AI agent push as a lift for chip demand, with AMD's $1T valuation marking its new scale.

   Whether the rally holds hinges on follow-through from Meta's Muse rollout, and chip investors will watch AMD's next move above the $1T mark.

6. 6

   Morgan Stanley: SpaceX, Tesla AI ties deepen

   Morgan Stanley says the AI linkup between SpaceX and Tesla is getting deeper, with the two companies' artificial intelligence efforts increasingly connected. The deepening ties suggest Tesla's AI work may extend beyond cars into SpaceX's rocket and satellite operations, though the article offers few specifics.

   How far the collaboration goes — whether it stays at the software level or grows into shared hardware and data pipelines.