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📈 AI Stock News Briefing — May 8, 2026 at 6:15 AM

📈 AI Stocks5/8/2026🕐 6:15 AMMarket watchAI equities

Top stories, ranked by relevance.

Story cards stay below the sticky dock while audio, chapters, date, and brief navigation remain accessible.

#1AMD — Shares Explode 18.6% on Blowout Q1 Earnings and Helios AI System Reveal

AMD delivered a monster quarter: revenue up 38% YoY to $10.25 billion, with data center sales surging 57% to $5.8 billion. EPS of 84 cents crushed the 80-cent consensus. CEO Lisa Su unveiled Helios, a full rack-scale AI system designed to rival Nvidia's Blackwell and Vera Rubin platforms, with OpenAI and Meta already signed up for shipments. AMD also nearly doubled its long-term server CPU growth projection to 35% annually through 2030.

🔗 CNBC

#2SMCI — Super Micro Jumps 18% on Margin Beat and Strong Q4 Guidance Despite Revenue Miss

Super Micro posted adjusted EPS of 84 cents versus the 62-cent estimate and adjusted gross margin of 10.1%, crushing the 6.75% consensus. Revenue of $10.24 billion missed the $12.33 billion target due to component shortages and customer delays, but Q4 guidance of $11B–$12.5B topped the $11.16B consensus. Rosenblatt raised its price target from $32 to $40, maintaining a Buy rating.

🔗 CNBC
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#3ARM — Stock Drops 10% on Smartphone Warning Despite AI Data Center Upgrade

Arm Holdings fell sharply after Q4 royalty revenue of $671M missed the $693.3M estimate. CEO Rene Haas warned smartphone unit growth is expected to "flip to negative" due to a global memory chip shortage. However, Arm upgraded its AI data center outlook as demand for CPUs powering agentic AI workloads continues to soar — a mixed signal that investors punished on the day.

🔗 Yahoo Finance
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#4AVGO — Broadcom Falls 3% as $18B OpenAI Custom Chip Deal Hits Financing Snag

Broadcom's highly anticipated custom AI chip partnership with OpenAI stalled over financing terms. The two companies are negotiating the initial 1.3 gigawatts of processors, pegged at $18 billion, but Broadcom is requiring Microsoft to commit to purchasing 40% of the chips for its own data centers before proceeding. Without that commitment, OpenAI must find alternative financing partners.

🔗 Yahoo Finance
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#5CRWD — CrowdStrike Surges 7.6% on AI Cybersecurity Offensive and Partner Expansion

CrowdStrike rallied to $503.75 after unveiling a multi-pronged AI security push: its inaugural Day Zero Threat Research Summit (featuring speakers from Amazon, Cisco, and Microsoft), the Jet partner mobile app, and expansion of Project QuiltWorks with Cognizant and HCLTech. Analysts remain bullish with an average target of $511.56; Wells Fargo, Mizuho, and KeyBanc all have targets at or above $520.

🔗 Benzinga
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#6QCOM — Qualcomm Hits New 52-Week High on AI Data Center Pivot and $20B Buyback

Qualcomm surged roughly 5–8% on May 7, hitting a new 52-week high near $223. The rally stacked multiple catalysts: a $20 billion share repurchase authorization, a Snap augmented-reality chip partnership, and CEO Cristiano Amon's disclosure that Qualcomm expects to begin shipping data center AI chips to a major hyperscaler this year. The stock is up 61% over the past month.

🔗 Benzinga
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#7SOUN — SoundHound AI Drops 12.4% After Mixed Q1 Despite 52% Revenue Growth

SoundHound reported Q1 revenue of $44.2 million (up 52% YoY), beating the $42.56M consensus, but its adjusted loss of 6 cents per share missed the 4-cent estimate. The company announced a definitive agreement to acquire LivePerson for cross-country customer expansion and reaffirmed full-year guidance of $225M–$260M. Investors weren't satisfied, sending shares down to $8.46 after hours.

🔗 Benzinga
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#10Macro — Paul Tudor Jones Says AI Bull Market Has "Another Year or Two to Run"

Billionaire hedge fund manager Paul Tudor Jones told CNBC he recently added to his AI-related stock positions, comparing the current moment to Microsoft's early software dominance in the 1980s and the commercialization of the internet in the mid-1990s. He sees further productivity gains and market upside ahead, lending macro credibility to the AI trade. Deutsche Bank analysts separately called this earnings season "one of the best in 20 years."

🔗 CNBC
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Kilroy’s Daily Briefings · 5/8/2026