AMD expects its Data Centre business to account for more than 80% of revenue in 2027, even as it prepares for a weaker PC market. Consumers and smart device manufacturers have been among the biggest losers in the memory price crisis driven…
The Wisconsin thermal management company crossed the billion-dollar mark in Data Centers orders and raised its fiscal 2027 outlook Modine Manufacturing just booked more than $1 billion in Data Centers orders in a single quarter. That has never happened before in the…
Yorkville Ives Partner and tech bull Dan Ives has predicted a 10%-12% downside for chip stocks during the current technology selloff, while Fundstrat’s Tom Lee called the post-election pressure on AI-related names an "overreaction" and said technology stocks could rally 20% from…
If premarket losses hold, Qualcomm is on track to shed about $17.5 billion in market value. • The chip designer has been caught between rising memory costs fueled by surging data-center demand and slowing smartphone sales, as AI infrastructure spending continues to…
The British chip blueprint designer reported solid results but failed to ease fears about weak demand for smartphones. Oops, something went wrong U.S. markets open in 3h 31m Arm Stock Has an Apple and Android Problem The British chip blueprint designer reported solid…
U.S. equity futures were mixed early on Thursday after the previous session's rally, helped by a sharp drop in oil prices and greater clarity following Democrats’ midterm victories. As of 3.45 a.m. ET, S&P 500 futures fell 0.11%, while Nasdaq-100 futures declined around…
After Advanced Micro Devices (AMD) reported its latest results and outlook, UBS lowered its price target to $700 from $730 while maintaining a "Buy" rating, and Goldman Sachs reiterated "Buy" with a $700 target unchanged. UBS noted that AMD's results beat the level…
(NASDAQ:INTC) Seeking Alpha - Intel Corporation offered up weak Q4 guidance, exposing its lack of a credible AI growth story. - INTC is forecast to continue losing market share in AI server CPUs to AMD and ARM, with a market targeted to…
CTech Intel CEO Lip-Bu Tan has bought another $9.7 million worth of the company's stock, adding to a position that was already deep under water Both of his purchases since August are now showing paper losses According to a Form 4 filed…
Qualcomm (NASDAQ:QCOM - Get Free Report) released its quarterly earnings results on Wednesday. The wireless technology company reported $2.17 earnings per share for the quarter, beating analysts' consensus estimates of $2.16 by $0.01. The company had revenue of $10.44 billion during the quarter, compared…
Intel, AMD, Qualcomm, Broadcom, Arm, Marvell and other chip designers: results, products, deals and turnarounds.
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