Stay updated with breaking news from Chipmaker Amd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chipmaker AMD: Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI.
Up 3. in brussels, europe's leader agreed to install a new supervisor over the eurozone next year. meanwhile, smoke-filled street in athens as riot police clash with protesters. back here at home, a weak earnings report from google came out midday instead of after the bell. google plunged, trades were halted for hours and markets never recovered. later microsoft said dwindling pc demand hurt its profit. bad news before its big windows 8 launch. more pc fallout from chipmaker amd now planning to lay off 15% of its staff. world trade organization handed the obama administration a small b...