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 …
Read More »AMD Shares Hit Record After Hitting Earnings, Raising Annual Forecast
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, …
Read More »