Shares of Intel fell more than 10% on Friday morning, a day after the company’s third-quarter earnings confirmed a new weakness in its data center business and delays in its latest pay-generation chips. Intel’s data center group, which generates revenue for enterprises and government customers, saw a 7% decline in …
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Shares of Advanced Micro Devices Inc. rose to new records on Wednesday after the chip company’s strong position and second-quarter forecast signaled a radical change in the semiconductor market following delays announced by Intel Corp. of Next generation chips last week. AMD AMD, + 12.55% The shares rose to a …
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Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD shares rose as much as 10% in extended trading on Tuesday after the company improved its revenue guidance for the current year as part of its second-quarter earnings results. This is how the company did it: Profits: Adjusted 13 cents a …
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Shares of Advanced Micro Devices Inc. headed to record highs in after-hours trading on Tuesday after the chip company reported second-quarter earnings that exceeded expectations and raised its full-year forecast despite the COVID-19 pandemic. AMD AMD, -1.97% reported second-quarter net income of $ 157 million, or 13 cents a share, …
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A pedestrian walks past the Intel Corp. signage at the entrance to the company’s headquarters in Santa Clara, California. David Paul Morris | Bloomberg | fake pictures Intel said Monday that Venkata “Murthy” Renduchintala, director of engineering for the chipmaker and chairman of the technology, systems architecture and customer group …
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