Options Market Statistics: AMD Shares Drop as Investors Doubt Its New Chip Can Outperform Nvidia's Blackwell; Options Pop


$Trump Media & Technology(DJT)$  's stock jumped over 17% on Thursday with the presidential election coming within a month. On Wednesday, Trump said to get rid of "double taxation" for Americans living overseas as part of his new tax plan. On Thursday, Trump Media, which runs the Truth Social platform, released an Android app for its Truth+ TV streaming service.


 At $Advanced Micro Devices(AMD)$  's Advancing AI event, CEO Lisa Su announced AMD's newest AI data center GPU, the Instinct MI325X. Graphics-processing units are well-suited for the parallel computations needed for AI. Su is getting more optimistic about the long-term market size potential for AI chips. AI demand had exceeded the company’s expectations over the past year. She now expects the market for AI data center graphics processing units will grow by more than 60% a year and reach $500 billion by 2028.



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# 💰 Stocks to watch today?(16 Oct)

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