We are reassured by AMD CEO’s confidence in the chipmaker’s data-center business

[ad_1] Advanced Micro Devices (AMD) CEO Lisa Su on Wednesday reinforced the chipmaker’s expectation to increase data-center revenue in 2023 — a key part of the Club holding’s broader growth…

Chip stocks rally on optimistic AMD earnings and Fed’s signal that inflation is easing

[ad_1] AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck |…

Most analysts are sticking with AMD even after ‘partly cloudy’ fourth-quarter earnings

[ad_1] AMD has released its latest quarterly results, and most analysts liked what they saw. The chipmaker reported Tuesday after th e bell earnings per share of 69 cents on…

U.S. Stock Futures Waver Ahead of Fed Decision

[ad_1] U.S. stock futures wobbled ahead of the Federal Reserve’s monetary policy decision, more earnings from major companies and a slew of economic data.  [ad_2] Source link

Stocks making the biggest premarket moves: Peloton, Snap, AMD, Electronic Arts & more

[ad_1] Peloton got a jolt from a better-than-expected quarterly revenue. Foot Locker rose after a Credit Suisse upgrade. [ad_2] Source link

AMD thinks the PC sales slump will end after one more rough quarter

[ad_1] Su predicts that the total addressable market for PCs will shrink 10 percent this year, down to around 260 million units. (IDC reported this month that 292.3 million PCs…

AMD’s Profit Plunges Amid Weaker PC Sales

[ad_1] The chip maker reported a 98% decline in net income for the fourth quarter as operating expenses more than doubled and sales linked to its PC clients were cut…

Why AMD is faring much better than Intel in the same tough economy

[ad_1] Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD). Bridget Bennett | Bloomberg | Getty Images AMD and Intel are fierce competitors in a difficult…

AMD beats on sales and profit but warns of a 10% revenue decline in Q1

[ad_1] AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck |…

Intel Shares Drop After Disappointing Earnings

[ad_1] Tech Chip maker warns of likely 1Q loss as slump in demand persists [ad_2] Source link