Tag Archives: AMD

[unable to retrieve full-text content]AMD launches new AI chips to take on leader Nvidia  Yahoo Finance Source link

[unable to retrieve full-text content]Yandex Claims AMD Is Favoring Edge and Chrome with Windows …  WinBuzzer Source link

AMD may be in the position to gain market share in the competitive chip space. Baird analyst Tristan Gerra upgraded AMD stock to Outperform in a new note. Gerra sees the stock popping 35% to $100. The stock gained 2% in pre-market trading to nearly $74. Gerra thinks AMD’s new Genoa chips, released last week, will further widen its competitive moat. “Supply chain checks highlight strong reception of Genoa (5nm Zen 4) at data center OEMs, which are shifting significant resources in support of… Source link

Levi Strauss (LEVI): Shares fell 5% in extended trading after the jeans-maker lowered its full year forecast, citing the strong dollar and supply chain disruptions. Levi sees full-year adjusted earnings per share of $1.44 to $1.49, down from its previous range of $1.50 to $1.56, and 2022 net revenue growth of 6.7% to 7%. For the third quarter, Levi reported adjusted earnings of 40 cents a share on revenue of $1.52 billion. Advanced Micro Devices (AMD): The chipmaker fell in after hours trading… Source link

Advanced Micro Devices, Inc. Preliminary third quarter revenue of approximately $5.6 billion, lower than prior outlook of $6.7 billion plus or minus $200 million, primarily due to weaker Client segment revenue Revenue for Data Center, Gaming, and Embedded Segments each grew significantly year-over-year and in-line with the company’s expectations Management to discuss financial results and outlook on Nov. 1 earnings call SANTA CLARA, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD)… Source link

The red-hot PC market is rapidly slowing after surging during the COVID-19 pandemic, and powerhouse chip players AMD and Intel are feeling the financial pain. “We have taken a more conservative outlook on the PC business,” AMD CEO Dr. Lisa Su said on an earnings call late Tuesday. “So a quarter ago, we would have thought that the PC business would be down, let’s call it high-single digits [percentage]. And our current view of the PC business is that it will be down, let’s call it mid-teens… Source link

With the seemingly endless selection of headwinds plaguing 2022, this year is panning out like no other in recent times. Just ask investors in Advanced Micro Devices (AMD). After making a habit of consistently outperforming the market, AMD shares have been on the backfoot in 2022 (down 43%) – a highly irregular occurrence. Yet, according to Morgan Stanley’s Joseph Moore, despite the macro uncertainty, it is now time investors cotton on to the opportunity following the stock’s… Source link

(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center processors. Most Read from Bloomberg AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. That helped send the shares up as much as 8.3% in late trading Tuesday. The outlook helped allay concerns that the chip market is slowing — and… Source link

Chip giant Intel (INTC) is bringing the heat to rivals Nvidia (NVDA) and AMD (AMD) with the launch of the company’s Arc graphics chips. And it could turn the graphics chip industry upside down, not to mention help consumers like you and me. Intel has been teasing its Arc graphics since 2021 as an alternative to Nvidia’s and AMD’s offerings for customers who are looking for solid graphics capabilities for both gaming and content creation. The company will eventually release a slate of… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, March 16, 2022 Apple’s M1 Ultra chip could upend the computer industry Apple’s (AAPL) new M1 Ultra processor hits the market Friday. The chip, which you can get in the new $3,999 Mac Studio, is expected to be an absolute powerhouse that can take on the best of what Intel (INTC), AMD ( Source link