AMD is seen as a CPU stock — but it’s gaining ground here, too
Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.
Last updated: 2026-06-14 05:13:02 ET
Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.
These are the stocks posting the largest moves before the bell.
The bank thinks Advanced Micro Devices is set to see an improving AI outlook, with both a stronger GPU business and increasing demand for CPUs.
Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story. U.S. stock futures rose on Monday, as the N...
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