SCHO, AMUU: Big ETF Inflows
ETF Inflows: The AMUU ETF experienced the largest increase in inflows, adding 50,000 units, which represents a 40.0% rise in outstanding units.
Author's Opinion Disclaimer: The views expressed are solely those of the author and do not necessarily represent Nasdaq, Inc.
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AMD's Sale of ZT Systems: Advanced Micro Devices (AMD) is selling its U.S.-based data center infrastructure manufacturing business, ZT Systems, to Sanmina Corporation for $3 billion in cash and stock, with the deal expected to close by the end of 2025 pending regulatory approvals.
Strategic Partnership and Future Prospects: The transaction will establish a strategic partnership where Sanmina becomes a preferred manufacturer for AMD’s AI solutions, while AMD retains ZT Systems' design and support teams to enhance its cloud offerings, leveraging ZT's advanced technologies and favorable revenue prospects.
ETF Inflows: The AMUU ETF experienced the largest increase in inflows, adding 50,000 units, which represents a 40.0% rise in outstanding units.
Author's Opinion Disclaimer: The views expressed are solely those of the author and do not necessarily represent Nasdaq, Inc.
New Trading Tools for AMD: Direxion has introduced two new ETFs, AMUU and AMDD, allowing traders to leverage or short Advanced Micro Devices Inc (AMD) based on its daily stock performance amid the AI-driven semiconductor boom.
Short-Term Focus: These leveraged and inverse ETFs are designed for active traders rather than long-term investors, as they reset daily and can lead to unexpected performance if held for extended periods.








