AMD and Caterpillar are seeing stock movement driven by data center construction trends, amid implied volatility and market discussions involving Scott Bessent.

1 report, 1 independent Updated Aug 3

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

AMD Caterpillar Inc.

Keep exploring

Part of

AMD and Gartner are trading near all-time highs, with the market context being lower borrowing costs boosting IT spending. All 2 developments

The entities involved

AMD
American multinational semiconductor company
- A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
- Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
Caterpillar Inc.
American corporation which designs, manufactures, markets and sells machinery and engines
- Caterpillar Inc. is manufacturing construction and mining equipment, operating bitcoin mining data centers, and engaging in mineral exploration across continents.Mon 00:50
- Caterpillar Inc. operates within the geographical boundaries of the state of Texas.Sun 20:49

Coverage

Newest first; wire copies grouped

Aug 3cnbc.com