Computer Processor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

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.

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." As a reminder, on Dec

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.

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 ahead, the company expects re