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Darren Sissons' Top Picks: April 23, 2021 A baseball card SPAC shows why distressed investing is so hard Archegos thwarts Nomura's push to join Wall Street elite Citi retail units seen fetching US$6B as sales kick off Housing shock could upend Canadian asset values: Wolf David Burrows' Top Picks: April 22, 2021 Stocks drop on Biden plan to lift capital-gain tax World's biggest stock owner says banks displaced tech as winners SEC to examine fund disclosure rules after Archegos blowup Michael Sprung's Top Picks: April 21, 2021 Stocks rebound as dip buyers fuel reopening trade Treasury-buying ap...

Intel reports drop in data centre revenue amid battle for market share Chipmaker’s gross profit margin has slipped to 55.2% Thu, Apr 22, 2021, 21:58 Intel has historically delivered margins above 60 per cent, but its gross margin is now 55.2 per cent. Photograph: Josep Lago/ AFP   Intel, the world’s biggest chipmaker, reported a drop in data centre revenue and a steep decline in gross profit margin, a sign it is losing market share to rivals and customers who are designing their own components. The company’s shares fell about 2 per cent in extended trading after it published its quart...

Priti Ramgarhia- April 20, 2021, 11:30 AM EDT SHARE ON: Intel Corporation ( INTC) is scheduled to report first-quarter 2021 earnings on April 22 after the market closes. Over the past six months, shares of the tech giant have jumped 19% and are currently trading at over $63. A strong print could send shares on an upward trajectory, so let’s take a closer look at what analysts on the Street are expecting. Earnings Preview Intel is expected to report adjusted EPS of $1.15 on revenues of $17.88 billion, while the company guided for earnings of $1.10 p...

So what NVIDIA kicked off its annual GPU Technology Conference (GTC) today with a slew of announcements, but the unveiling of a new CPU easily stole the show as the most meaningful new product. The company has long specialized primarily in GPUs instead of CPUs, and NVIDIA's prior efforts to develop CPUs have been lackluster. NVIDIA used to make Tegra processors for mobile devices, and it discontinued the Project Denver CPU core several years ago. Image source: NVIDIA. The company has now detailed a new chip called the NVIDIA Grace CPU, which is designed specifically to cater to the needs of t...

NVIDIA has announced its entry into the CPU market for data centers through its Grace chips. This news plunged Intel (INTC) shares by 4.18%