Page 6 - Stacy Rasgon News Today

Intel and Advanced Micro Devices fell more than 2% on Monday after a report that China would limit the use of their chips and servers in government computers, potentially threatening billions...

Intel and Advanced Micro Devices fell more than 2 per cent on Monday (Mar 25) after a report that China would limit the use of their chips and servers in government computers, potentially threatening billions of dollars in sales for the US companies. The Financial Times reported over the weekend China has

"A total cessation of China governmental purchases of Intel and AMD CPUs might impact revenue by low-single digits," said Bernstein analyst Stacy Rasgon, predicting a hit of up to $1.5 billion for Intel and a few hundred million dollars for AMD.

Intel and AMD witnessed their stock price fall more than 2% on Monday following reports indicating China would restrict the use of their chips

Intel and Advanced Micro Devices could lose billions of dollars in sales if China limits the use of their chips and servers in government computers, several Wall Street analysts said on Monday. ...

Bernstein analyst Stacy Rasgon maintains his Buy rating on the stock. The target price is revised upwards from EUR 980 to EUR 890.

Shares of Super Micro Computer Inc., the once little-known server maker that has rocketed higher over the past year, may already fully reflect the company’s...

Two years ago, Nvidia made most of its money selling graphics cards. It was a household name to only the most dedicated PC gamers. Today, the chip designer...

Technology giant Nvidia is hitting new heights thanks to demand for products connected to artificial intelligence, leading the chip maker to a market value that this week approached that of the entire Canadian economy.

Nvidia’s stock popped 16% Thursday to spur the biggest one-day gain in market capitalization by any U.S. company.