Micron Technology Inc. is far from out of the woods yet when it comes to profitability as quarterly results came in better than expected Wednesday, but the memory-chip…
Read more Micron sees nine-figure data-center sales in 2024, but another quarter of negative marginsIntel Stock Slips as CFO Warns of Excess Data Center Chip Inventories Source link
Read more Intel Shares Slip as CFO Warns of Excess Data Center Chip InventoriesNvidia Corp. shares rallied in the extended session Wednesday after the maker of graphics processing units that is leading the AI-hardware charge reported a 141% surge in data-center…
Read more Nvidia’s stock soars after AI boom pushes chip giant to record earnings and blowout forecastIntel Corp. shares surged in the extended session Thursday after the chip maker posted a surprise profit, but while data-center sales came in better than expected, a larger…
Read more Intel stock rallies after earnings show AI data-center beat, strong PC salesAMD reports earnings and revenue that top expectations Source link
Read more ‘AI for us is broader than cloud,’ AMD CEO tells analysts, but chip maker still needs PC recovery to improve marginsA previous version of this article included an inaccurate number for Intel’s second-quarter profit forecast. It has been updated. Intel Corp. shares surged in the extended session Thursday,…
Read more Intel tops Wall Street estimates, CEO says data-center business is improvingAdvanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives forecast sales of more than $5 billion to…
Read more AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following ‘strong’ 2022Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for…
Read more Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinksAs CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but…
Read more CES 2023: AMD, Nvidia, auto applications get the hype, but analysts say this one chip maker ruledData-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…
Read more Meta spending slams Facebook stock, but here are the chip stocks that are benefiting
