AMD Hits Record High as AI Chip Demand Fuels Global Semiconductor Rally
AMD shares jumped roughly 7% to an all-time high while European chipmakers like ASML opened higher on Sept. 21, 2026, as AI-driven demand lifts semiconductor stocks worldwide.
Markets
Tower Semiconductor Lands $1.3B in AI Deals as Barclays Sets $310 Target
Tower Semiconductor stock climbed 4.6% to $233.82 after securing $1.3 billion in silicon photonics contracts and a Barclays Overweight rating with a $310 target.
Apple’s Hundred-Year Flood: Tim Cook’s Warning Meets Real Price Hikes
Tim Cook warned tech giants face a hundred-year flood of disruption, and Apple is now raising prices. Analysts at TechInsights and Morgan Stanley weigh the cost impact.
Astera Labs vs Qualcomm: The AI Connectivity Play vs Mobile Giant
Astera Labs’ triple-digit AI connectivity growth faces off against Qualcomm’s smartphone headwinds and diversification push into automotive and data centers.
Marvell Technology: The Nvidia-Backed AI Chip Bet Wall Street Is Watching
Marvell Technology’s custom silicon business and Nvidia’s $2 billion investment fuel bold long-term price predictions for MRVL stock.
Diesel Prices Hit Record $6.45/Gallon After Exxon Joliet Refinery Outage
Exxon’s 275,000-bpd Joliet refinery remains offline after a power failure, pushing US diesel to a record $6.45 a gallon and threatening deeper Midwest fuel shortages.
AirAsia Shares Crash Over 70% This Year as Fuel Crisis Bites
AirAsia co-founder Tony Fernandes says the carrier’s fuel-cost crisis is less severe than COVID, but the stock has still lost more than 70% of its value in 2026 amid a 831 million ringgit quarterly loss.
American, United, Southwest Cut Flights as Jet Fuel Hits $4.71 a Gallon
US carriers are trimming marginal routes and slashing capacity growth plans after jet fuel prices more than doubled to $4.71 a gallon, adding $1 billion to American Airlines’ Q4 costs.
Stellantis Faces Ontario Plant Ultimatum as Canada Threatens to Claw Back Subsidies
Canada’s Industry Minister warns Stellantis (STLA) to reopen its idled Brampton, Ontario plant or repay hundreds of millions in subsidies, as the automaker weighs a sale to defense contractor Roshel.
Leveraged Semiconductor ETF Drops 14% as Chip Stocks Sell Off
The Direxion Daily Semiconductor Bull ETF fell 14% as chip stocks including Nvidia and Micron faced a sharp selloff, highlighting the risks of leveraged funds.