AMD (AMD.O) fell more than 3%, and rose more than 2% at the beginning of the session.

The U.S. 5-year Treasury yield rose to 4.019%, the highest level since March 10.

AMD (AMD.O) CEO: Sampling of the new MI300X AI accelerator will take place in the third quarter and then go into production in the fourth quarter.

AMD (AMD.O) CEO: The MI300X AI accelerator has industry-leading memory, and the new chip means fewer GPUs are needed for generative artificial intelligence models.

AMD (AMD.O) CEO: The MI300A chip is being shipped in small quantities and will be used in the "El Capitan" supercomputer in the United States.

AMD (AMD.O) announced a new GPU-specific MI300X AI accelerator.

U.S. Senate Minority Leader Mitch McConnell: Will not comment on whether he will support Trump as the Republican presidential candidate.

Kingsoft Cloud (KC.O) rose more than 20%.

McHenry, Chairman of the Financial Services Committee of the US House of Representatives: Ask the SEC to withdraw the proposal to define the exchange.

MicroStrategy (MSTR.O) Chairman Saylor: Bitcoin dominance will rise, stablecoins and tokens will disappear.

AMD (AMD.O) CEO: Bergamo chips are currently "volume-shipping" to large cloud computing customers.

AMD (AMD.O) announced the launch of its fourth-generation EPYC processors for the data center, code-named Bergamo.

In total, the Fed accepted $2.075 trillion from 105 counterparties in fixed-rate reverse repurchase operations.

OpenAI announced updates (to ChatGPT), including more controllable API models, function call capabilities, longer context, and lower prices. Additionally, embedding model costs were reduced by 75%.

U.S. Treasury Secretary Yellen: While restoring fiscal balance, we will closely monitor the impact and disruption to the market.

U.S. Treasury Secretary Yellen: We have an obligation to restore the fiscal balance to a safe and appropriate level.

Faraday Future (FFIE.O) rose quickly to 5%.

USGS: A magnitude 5.0 earthquake struck 150 kilometers west-southwest of Adak, Alaska.