Advanced Micro Devices Inc (AMD.O)
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Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.
Oct 24 Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.
Oct 24 Chipmaker Advanced Micro Devices Inc's quarterly revenue rose 4 percent, helped by higher sales of its processors and graphics chips used in computers and data centers.
, Advanced Micro Devices Inc shares have been the S&P 500’s rock star gainer this year, but a recent slide signals some investors are hedging their bets that it can make major inroads in the server computer chip market dominated by Intel Corp . On Tuesday, AMD was the top decliner and Intel the top gainer on the S&P 500. The company has a steep hill to climb to live up to the hopes that had pushed its shares up as much as 228 percent last month from las
Chipmaker Intel Corp said on Friday it had enough supplies to meet annual revenue targets and was boosting PC chip output, allaying fears that rival Advanced Micro Devices Inc was eating into its market share due to supply constraints.
ABU DHABI, Sept 20 Abu Dhabi state fund Mubadala Investment Company made a first half group profit of 10.9 billion dirhams ($2.97 billion), boosted by the sale of part of its stake in BP and the solid performance of other stocks in its portfolio.
Intel Corp shares fell 9 percent on Friday, after the chipmaker's upbeat results were overshadowed by concerns that Advanced Micro Devices Inc may be chiseling off market share from its high-margin data center business.