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“AMD jumps 5% as global chip stocks rally after earnings and geopolitics lift sector”

“Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the big winners with shares up… Continue Reading…

Business, Stocks

“Nvidia earnings [Up,] scare away AMD, Intel investors as legacy chipmakers lose ground in AI

“Developers in the world of artificial intelligence can’t get enough of Nvidia’s processors. Demand is so strong that the company said late Wednesday that revenue in the current quarter will jump 170% to roughly $16 billion. Nvidia shares rose more than 2% on Thursday before slumping… Continue Reading…

Business, Stocks

“AMD stock pops on potential Amazon superchip deal, CEO bullishness”

“…Shares of the semiconductor company popped over 2% in pre-market trading on Wednesday — and were Yahoo Finance’s Top Trending Ticker — on a Reuters report that Amazon’s cloud arm is considering using AMD’s new AI chips… The report comes a day after AMD… Continue Reading…

Business, Economy

“Nvidia, AMD, Intel Tumble After Microsoft’s Virus-Related Sales Warning”

“Shares of chipmakers that make processors for personal computers and other devices that run on Microsoft software plunged on Thursday after the world’s most valuable tech company warned the coronavirus will have a negative impact on sales and earnings. Shares… Continue Reading…