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📈 AI Stock News Briefing — May 11, 2026 at 6:15 AM

📈 AI Stocks5/11/2026🕐 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 — Blowout Q1 Triggers Double Upgrade, Stock Surges 17%

AMD reported Q1 revenue of $10.25 billion (up 38% YoY) with data center revenue surging 57% to $5.8 billion. Goldman Sachs upgraded to Buy with a $450 target (from $240), and Bernstein upgraded to Outperform with a jaw-dropping $525 target (from $265) — the largest single-note price target hike on AMD from any major firm in memory. Eight firms total raised targets. Q2 guidance of $11.2 billion also topped consensus.
Source: CNBC — Link

🔗 TheStreet
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#2NVDA — Nvidia Tops $40 Billion in AI Equity Bets, Signs IREN and Corning Deals

Nvidia has committed over $40 billion in equity investments in 2026 alone, anchored by a $30 billion stake in OpenAI. This week it signed a deal to invest up to $2.1 billion in data center operator IREN (for 5 GW of AI infrastructure) and up to $3.2 billion in Corning, which will build three new U.S. facilities dedicated to optical tech for Nvidia's rack-scale systems. Nvidia is rapidly becoming a venture arm of the AI infrastructure stack.
Source: CNBC — Link

🔗 Benzinga
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#3Broad Market — S&P 500 and Nasdaq Hit Records on Sixth Straight Winning Week

Both indexes recorded their sixth consecutive weekly advance — the longest streak since October 2024. The S&P 500 is up 8% YTD and the Nasdaq 13%, with AI-related stocks accounting for more than 80% of S&P 500 gains. 83% of S&P 500 companies reporting Q1 results so far have beaten estimates. Strong April jobs data reinforced expectations that the Fed will hold rates steady.

🔗 Yahoo Finance
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#4MU — Micron Smashes Past $840 Billion Market Cap on Memory Supercycle

Micron surged 38% in a single week, with its market cap blowing past $840 billion. The stock is up 124% YTD and nearly 700% over the past 12 months. DRAM and NAND inventories are at historic lows (four weeks of supply), and Micron has pre-sold all HBM production through 2026. Gartner expects the memory market to nearly triple to $633 billion in 2026.
Source: CNBC — Link

🔗 TradingKey
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#5AI Chips — Wall Street Calls "Changing of the Guard" Away from Nvidia

While Nvidia is up just 15% YTD (barely ahead of the Nasdaq), AMD, Intel, and Micron have all more than doubled in 2026. Analysts say the AI boom is shifting from training (Nvidia's stronghold) to inference and agentic workloads, where CPU demand is skyrocketing. The wealth of the AI trade is finally spreading across the semiconductor stack.

🔗 CNBC
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#6MSFT, AMZN, GOOGL, NVDA — Pentagon Clears 8 AI Firms for Classified Networks

The Department of Defense signed agreements with eight companies — including Microsoft, Amazon, Google, Nvidia, Oracle, OpenAI, and SpaceX — to deploy AI on Impact Level 6 (secret) and IL-7 (top secret) classified networks. Notably, Anthropic was excluded and designated a supply-chain risk after refusing to allow products for autonomous weapons. Google's deal sparked a 600-employee protest letter internally.
Source: Breaking Defense — Link

🔗 Washington Post
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#7MSFT — Microsoft-OpenAI Deal Restructured, IP License Now Non-Exclusive

Microsoft and OpenAI announced a revamped partnership: Microsoft's IP license to OpenAI models shifts to non-exclusive through 2032, and OpenAI can now serve all products across any cloud provider including Amazon and Google. Microsoft stops paying revenue share to OpenAI, though OpenAI's payments to Microsoft continue through 2030 (subject to a cap). Azure remains OpenAI's primary cloud, and products ship first on Azure.
Source: CNBC — Link

🔗 Microsoft Blog
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#8PLTR — Palantir Posts 85% Revenue Growth, Stock Still Drops 5.7%

Palantir crushed Q1 with $1.63 billion in revenue (up 85% YoY), U.S. revenue up 104%, and net income quadrupling to $870.5 million. EPS of $0.33 beat estimates of $0.28 by 18%. The company raised FY2026 guidance to $7.65 billion (71% growth) and guided Q2 to $1.8 billion, above the $1.68 billion consensus. Despite all that, shares fell 5.7% after hours — a classic "sell the news" at 81x price-to-sales.
Source: CNBC — Link

🔗 BusinessWire
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#9SOUN — SoundHound AI Drops 12% Despite 52% Revenue Growth

SoundHound reported Q1 revenue of $44.2 million (up 52% YoY) and beat on revenue, but the stock plunged 12.4% as investors punished the lack of a profitability inflection. GAAP loss of $0.11/share was in line with estimates but not the improvement the market wanted. A key bull cut their price target. Full-year guidance reaffirmed at $225M–$260M.
Source: Benzinga — Link

🔗 TipRanks
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#10NVDA, PLTR, AVGO — $4.6 Billion in AI Insider Selling Raises Eyebrows

Insiders at Nvidia, Palantir, and Broadcom collectively sold $4.6 billion in shares over the trailing 12 months. Nvidia insiders sold $2.4 billion with zero insider purchases. Palantir insiders sold $1.1 billion (buying just $3.3 million). Broadcom insiders sold $1.1 billion (buying $1.6 million). All three trade at elevated price-to-sales ratios: NVDA at 24x, AVGO at 28x, PLTR at 81x.

🔗 Motley Fool
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Kilroy’s Daily Briefings · 5/11/2026