Advanced Micro Devices Corp. showed off Thursday how it plans to keep embedded and data-center sales on the uptick while the chip industry undergoes an unprecedented dropoff in PC demand. Read more
Tag: data centers
AMD stock ticks higher as data-center sales hold up
Advanced Micro Devices Inc. shares ticked higher in the extended session Tuesday after the chip maker’s data-center sales held up, and corrections in the forecast remained in the area of Read more
‘Cloud titans’ Meta and Microsoft bring growth and risk to Arista Networks, analyst says
Arista Networks Inc. is enjoying revenue growth fueled by the so-called “cloud titans” led by Meta Platforms Inc. and Microsoft Corp. But at least one analyst warns that this could Read more
AMD lowered the bar for earnings, but there is still intrigue in one result
Advanced Micro Devices Inc. has already slashed expectations for its financial performance with a warning, but there is still some intrigue with the chip-maker’s earnings report. AMD AMD, +5.82% is Read more
Meta spending slams Facebook stock, but here are the chip stocks that are benefiting
Data-center stocks buoyed an otherwise down chip sector Thursday as shares of Facebook parent Meta Platforms Inc. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Read more
Meta spending slams Facebook stock, but here are the chip stocks that are benefiting
Data-center stocks buoyed an otherwise down chip sector Thursday as shares of Facebook parent Meta Platforms Inc. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Read more
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current Read more
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market
Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% Read more
Nvidia’s big reset has analysts wondering whether company is now in the clear
Nvidia Corp. just delivered an outlook for the latest quarter that was far lower than what analysts were expecting, as the chip company deals with a bevy of challenges including Read more
If AMD earnings were a snack: ‘A little crunchy on the outside, but the creamy center still tastes good’
Weakness in personal-computer sales mixed with strong data-center sales made Advanced Micro Devices Inc. earnings a snack that was “a little crunchy on the outside, but the creamy center still Read more
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