TRUMP TO UNVEIL $1 BILLION+ AI SCIENCE PUSHPresident Trump will attend a White House summit Thursday focused on using ad | Hanami
TRUMP TO UNVEIL $1 BILLION+ AI SCIENCE PUSH
President Trump will attend a White House summit Thursday focused on using advanced AI to accelerate scientific breakthroughs and strengthen U.S. leadership.
The administration will announce more than $1 billion in industry commitments to its Genesis Mission from OpenAI, Anthropic, AMD and others.
Federal agencies will also invest over $100 million in AI-driven science tools, alongside a new 14-institution compute hub spanning 10 southeastern states.(Historical earnings: For 2026Q1 (period ended 2026-03-28), Advanced Micro Devices reported basic EPS of 0.85, diluted EPS of 0.84, and net income of USD 1.383 billion. In the prior-year period (2025Q1), basic and diluted EPS were 0.44 and net income was USD 0.709 billion. For full-year 2025, basic EPS was 2.67, diluted EPS was 2.65, and net income was USD 4.335 billion, compared with full-year 2024 basic EPS of 1.01, diluted EPS of 1, and net income of USD 1.641 billion.
Consensus expectations: For 2026Q3, consensus EPS estimate is 1.9601. For 2026Q4, consensus EPS estimate is 2.6677 and revenue estimate is USD 16.340 billion.)