Alphabet shares rise 1.7% after report on OpenAI chip plans
Alphabet shares rose 1.7% after a report that OpenAI plans to buy Google's AI chips.
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Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
Surging Over 200% in 2026: AMD Balances Near-Term Yield Pressures with Long-Term AI Growth
Advanced Micro Devices Inc. (NASDAQ: AMD ) is facing near-term pressure from higher Treasury yields and energy costs, but its long-term AI growth story remains intact as demand for chips, server CPUs and data center infrastructure expands. AMD stock closed nearly 3% higher Tuesday after Marvell Technology Inc. (NASDAQ