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May 1, 2024
Shares of computer processor maker AMD (NASDAQ:AMD) fell 8.7% in the morning session after the company reported first quarter results: its inventory levels materially increased, and revenues in its gaming and embedded segments fell by more than 45% year on year (the market is less focused on these divisions, however, as AI solutions dominate AMD's story). In addition, guidance was underwhelming as next quarter's revenue projection was mostly in line with Wall Street's projections.
January 31, 2024
Shares of computer processor maker AMD (NASDAQ:AMD) fell 7.4% in the pre-market session after the company provided fourth-quarter results with revenue guidance for the next quarter falling below Wall Street's expectations.
January 24, 2024
Shares of computer processor maker AMD (NASDAQ:AMD) jumped 5.6% in the morning session after NewStreet Research analyst Pierre Ferragu upgraded the stock's rating from Neutral to Buy and assigned a price target of $215. The price target represents a potential 20% upside from where shares traded when the upgrade was announced. The analyst added, "AMD is the best way to play datacenter AI chips if the company's forecast of a $400 billion addressable market by 2027 bears out." A...
January 19, 2024
Shares of computer processor maker AMD (NASDAQ:AMD) jumped 5.1% in the afternoon session after Raymond James maintained a Strong Buy rating and raised the price target on the stock from $140 to $190. The price target represents a potential 10% upside from where shares traded when the update was announced.
January 18, 2024
Shares of computer processor maker AMD (NASDAQ:AMD) jumped 5.3% in the pre-market session after peer, Taiwan Semiconductor Manufacturing Company reported strong Q4'2023 results that exceeded Wall Street's revenue and EPS expectations. During TSMC's earning call, CEO C.C. Wei added, "2023 was a challenging year for the global semiconductor industry, but we also witnessed the rising emergence of generative AI-related applications, which TSMC as a key enabler." Looking ahea...
February 12, 2021
11 February 2021, 10:25 am EST By Intel and AMD are among the biggest computer processor manufacturers and have been in a tough competition for the past few years, but with AMD struggling with their production of Ryzen 5000 chips, Intel has found it a great time to take advantage of the competition and reportedly cut the price of the 10th-Gen Comet Lake processors. (Photo : AMD / Facebook) Intel Comet Lake Chips Discounts In a report by Toms Hardware, the latest listing of the company shows t...
May 4, 2012
To get vision restoring microchip implants that are considered revolutionary. more from the bbcs fergus walsh. >> reporter: just six weeks ago, chris james was totally blind. now he can perceive light. this box powers his implant but its whats under his scalp which is amazing. this x-ray shows the computer processor above his ear linked by a cable to the implant behind his retina. the wafer-thin chip is just three millimeters square. now he can perceive light and even the outline of shapes. chri...