A pedestrian walks past a Victoria’s Secret shopping front and drives up Robson Street during the COVID-19 crisis on April 17, 2020 in Vancouver, Canada. Andrew Chin | Getty Images Here are the stocks that make headlines in midday trading. L Brands – Shares of L Brands led the S&P …
Read More »AMD Q2 2020 Earnings
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 …
Read More »Intel engineering executive Murthy Renduchintala will leave the company
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 …
Read More »Traders debate which is the best bet
AMD’s shares hit another record on Monday, continuing to outperform its rival chipmaker Intel. Intel’s stock plummeted to end last week after delaying the launch of its 7-nanometer chip by six months. The two actions tell a very different story in the chip space. As AMD has recovered 49% this …
Read More »TSMC shares rise nearly 10% as Intel faces delays in next-generation chips
The signage for Taiwan Semiconductor Manufacturing Co. (TSMC) is displayed at the company’s headquarters in Hsinchu, Taiwan, on Wednesday, June 5, 2019. Ashley Pon | Bloomberg via Getty Images TSMC’s listed shares in Taiwan rebounded on Monday after US chip maker Intel said it faces delays in its next-generation chips …
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