Pentagon Clears 7 AI Vendors
According to AP, “US military reaches deals with 7 tech companies to use their AI on classified systems”, the agreements broaden vendor access for secret networks while stoking SECURITY concerns after Anthropic’s exclusion. [AP News](https://apnews.com/article/060cecf836c4cebcf012a3ceb5333f2c). ([apnews.com](https://apnews.com/article/060cecf836c4cebcf012a3ceb5333f2c?utm_source=openai))
AMD Forecasts on AI Surge
According to Reuters, “AMD forecasts quarterly revenue above expectations as AI chip demand stays strong”, the firm said rising data‑center *DEMAND* is lifting guidance and market sentiment. [MarketScreener / Reuters](https://www.marketscreener.com/news/amd-forecasts-quarterly-revenue-above-expectations-as-ai-chip-demand-stays-strong-ce7f58dcd089fe2d). ([marketscreener.com](https://www.marketscreener.com/news/amd-forecasts-quarterly-revenue-above-expectations-as-ai-chip-demand-stays-strong-ce7f58dcd089fe2d?utm_source=openai))
Cerebras IPO Tests AI Market
According to Reuters, “AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says”, the wafer‑scale chipmaker’s roadshow and planned pricing put IPO appetite for AI infrastructure in focus as investors watch IPO risk and reward — IPO is the keyword. [Investing.com / Reuters](https://www.investing.com/news/stock-market-news/ai-chipmaker-cerebras-targets-115125-share-price-in-us-ipo-source-says-4655096). ([investing.com](https://www.investing.com/news/stock-market-news/ai-chipmaker-cerebras-targets-115125-share-price-in-us-ipo-source-says-4655096?utm_source=openai))
S&P, Nasdaq record highs
According to Reuters, “S&P 500, Nasdaq hit record highs on AI optimism, Middle East peace hopes” as investors cheered robust earnings and oil’s retreat amid signs of U.S.–Iran de‑escalation; keyword: AI. [Investing.com](https://www.investing.com/news/stock-market-news/us-stock-index-futures-rise-on-middle-east-peace-hopes-ai-optimism-4662015)
AMD’s strong forecast
According to Reuters, “AMD forecasts quarterly revenue above expectations as AI chip demand stays strong” after the chipmaker raised its Q2 outlook, sparking a rally in semiconductor names; keyword: AMD. [The Star](https://www.thestar.com.my/tech/tech-news/2026/05/06/amd-forecasts-quarterly-revenue-above-expectations-as-ai-chip-demand-stays-strong)
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