AMD, Cisco, and JPMorgan Stock Movers: AI Growth, Earnings, and a Trump Dinner

AMD's AI Chip Market Dominance

• 🚀 AMD shares are up over 7%, extending gains after announcing an average annual revenue growth of over 35% for the next 3-5 years.
• 💡 AMD projects the total AI chip market, including accelerators, processors, and networking products, will reach $1 trillion by 2030.
• 🎯 Bloomer Intelligence suggests AMD's share in the AI space is widening, with engagement across hyperscalers and enterprises for both inferencing and full model training.

Cisco's AI Endeavors and Earnings Outlook

• 📈 Cisco shares are up slightly ahead of earnings, with expectations for EPS to rise 5.8% and revenue to climb 5.3% for fiscal 2026.
• 🤝 Cisco has partnered with Nvidia to accelerate AI system deployment, and recent results show increased sales from AI projects.
• ⏳ Despite a 20% year-to-date gain, Cisco's stock price remains below its dot-com era peak, raising questions about its ability to capitalize on AI.

JPMorgan's Deposit Token and Executive Dinner

• 🏦 JPMorgan shares edged higher, partly due to news of CEO Jamie Dimon attending a dinner with President Donald Trump and other financial executives.
• 🪙 The bank is rolling out a deposit token called JPMCoin to institutional clients, representing dollar deposits and enabling transactions via a public blockchain.
• 🌐 JPMCoin aims to eventually be accessible beyond direct clients and may support various currency denominations in the future.