The tech sector remained in the spotlight this week as investors assessed headlines from top companies including Micron, AMD and Accenture.
The tech-focused Nasdaq Composite Index (COMP:IND) closed in the green on Friday. The Technology Select Sector SPDR Fund (
Midday Need to Know: Nvidia expands buyback, yields climb & more
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Nvidia (NVDA) introduced the Open Agent Safety Platform, an open software platform and reference system designed to strengthen AI security from agent testing through deployment.
The platform enables full-stack governance and control across the software that runs agents, the hardware and
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US chipmaker AMD has become the latest company to join the $1 trillion (€850bn) valuation club, as investors pile into stocks benefiting from the massive investment boom in artificial intelligence.
At around 5:10 p.m. CEST on Monday, AMD shares were up 9.4% at $612 (€520), extending a surge that has added some $200 billion (€170bn) in valuation to the semiconductor company in a week.
The California-based group, which has announced ventures with both OpenAI and Anthropic, notched a 50% jump in second-quarter revenues over the year-ago level to $11.5 billion (€9.8bn), thanks to a more than doubling of data centre revenue.
In releasing results in early August, AMD said it expects data centre sales to accelerate in the second half of 2026.
Even with the latest surge, AMD’s valuation significantly trails rival chip company Nvidia, considered the pace-setter in artificial intelligence.
Nvidia’s valuation currently approaches $5.5 trillion (€4.7trn).
Additional sources • AFP