AMD Soars as AI Demand Fuels Better-Than-Expected Sales Outlook | Bloomberg Intelligence

AMD’s latest results and outlook were the main tech story, with the host and a Bloomberg Intelligence semiconductor analyst arguing that the company’s strength is coming from CPUs rather than the GPU battle with Nvidia. The analyst said AMD effectively doubled its CPU TAM in less than a year and expects that business to drive growth this year, while the AI GPU ramp is more of a 2026-2027 story. He also noted the stock’s huge run and said the valuation can persist for now, though normalization may come as newer products scale.

Nvidia’s $500 million purchase of rights for Corning shares was framed as part of a broader push to secure the AI infrastructure stack. The analyst said Nvidia has already been investing in optics and networking suppliers and is trying to make sure supply keeps up with demand as bottlenecks shift from power to memory and possibly to optical components.

Disney also posted a strong quarter, raised EPS growth guidance to 16%, and showed an 88% jump in streaming profit. A Bloomberg Intelligence media analyst said the market had feared guidance cuts, but instead theme park demand stayed strong and the streaming segment remains the biggest earnings growth opportunity through price increases and bundling. The show also covered Ted Turner’s death and his influence on cable and 24-hour news.

On SpaceX and Uber, the discussion centered on supply chains and autonomy. An aerospace analyst said SpaceX’s proposed Texas chip factory reflects Elon Musk’s desire to control semiconductor supply for future data-center ambitions, while a tech analyst said Uber’s AV push could pressure margins even as ride volume remains far larger than Waymo’s.