News

Golden Ten Data reported on May 7 that spot gold continued to surge in the short term, rising more than $50 intraday. It is currently quoted at $4,741.89 per ounce, up 1.09%. New York gold futures reached $4,750 per ounce, gaining 1.19% intraday.

According to Odaily monitoring, a whale began continuously purchasing sato three hours ago, having currently bought a total of 325,000 US dollars, with an average purchase value of 2.84 million US dollars and an unrealized gain of 32,000 US dollars.

Glonghui, May 7｜BOCI issued a report stating that AMD’s Q1 Non-GAAP earnings per share and revenue were $1.37 and $10.3 billion respectively, surpassing both company guidance and the bank’s expectations, mainly benefiting from growth in data center and client business segments. The report points out that although AMD’s AI GPU orders still have upside momentum, capacity bottlenecks limit significant growth in revenue and profits from the second half of 2026 to early 2027. Given that current market expectations are already high, any production setbacks in the delivery of its first Helios rack-mounted solution could dampen market optimism; the assumption of flawless execution by the market is not without risk. The bank notes that following AMD’s sharp rebound, with its share price up 111% from recent lows, the risk-reward ratio for the stock has decreased significantly, and its subsequent movement is expected to fluctuate within a range. Competitive pressure from large-scale enterprises based on ARM architecture, as well as rising bill of materials costs for client PCs, may threaten its sales and profit growth trajectory if visibility into supply or rack execution does not improve.