Text size Nvidia now expects July quarter revenue to be $6.7 billion, up only 3% from the year-ago period. The company had previously forecast $8.1 billion in revenue. Dreamstime These are troubling t...
Tag: AMD
10 Companies That Would Pay More Taxes Under Inflation Reduction Act
Text size Packages ready to be sent at an Amazon center. Thomas Samson/AFP via Getty Images Some major companies, including Tesla and Amazon . com, are likely to face higher tax bills under the $750 b...
9 Chip Stocks That Look Like Buys
Text size Nvidia now expects July quarter revenue to be $6.7 billion, up only 3% from the year-ago period. The company had previously forecast $8.1 billion in revenue. Dreamstime These are troubling t...
Semiconductor Companies Love Biden’s CHIPS Law. But Will Taxpayer Money End Up In China?
An Intel R&D lab in Chengdu, China. Intel has billions invested in China. The CHIPS Act should help … [+] the company invest in the U.S. But will the science component compel them to use tax...
Nvidia Stock Sinks as Revenue Estimate Misses, Gross Margin Outlook Slashed
Text size Nvidia stock has declined 10% this year, while the Nasdaq Composite has fallen 18%. Justin Sullivan/Getty Images Nvidia shares plunged after the chip manufacturer shared preliminary financia...
Tesla and 9 Other Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
AMD Stock Is Dipping. Why Analysts Say to Buy.
Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quar...
We’re Lowering Our Price Target on This Semiconductor Powerhouse
Leading up to Advanced Micro Devices (AMD) reporting its June-quarter results Tuesday night, and following Intel’s (INTC) very recent disastrous earnings report, AMD shares soared 16% compared t...
AMD Gives Gloomy Outlook for Current Quarter despite Transcending Analysts’ Estimates in Q2 2022
All four AMD major segments increased in the last quarter, contributing to the high revenue. Despite surpassing estimates in Q2 2022, semiconductor company Advanced Micro Devices or AMD (NASDAQ: AMD)...
AMD follows Intel in warning that the PC market is falling apart
The red-hot PC market is rapidly slowing after surging during the COVID-19 pandemic, and powerhouse chip players AMD and Intel are feeling the financial pain. “We have taken a more conservative ...
Chip Maker AMD Prospers as Rival Intel Struggles
Advanced Micro Devices reported a sharp increase in quarterly sales, driven by strength in its data-center business where rival Intel has been stumbling, but issued a muted outlook for the current per...
AMD Gives Lackluster Forecast as PC Slump Hurts Sales
(Bloomberg) — Advanced Micro Devices Inc., the second-biggest maker of personal-computer processors, gave a lukewarm sales forecast for the third quarter, indicating that market-share gains agai...
AMD took ‘tons of share’ from Intel in Q2
Advanced Micro Devices Inc (NASDAQ: AMD) reported record sales for its fiscal second quarter on Tuesday. Shares still slid 7.0% after the bell on roughly in-line guidance. Notable figures in AMD Q2 ea...
AMD Stock Drops After Earnings
Text size AMD shares are down 31% so far this year. Dreamstime Advanced Micro Devices reported better-than- expected earnings results Tuesday afternoon. But the company forecast less revenue than expe...
AMD Stock: Chipmaker Narrowly Tops Q2 Goals
Chipmaker Advanced Micro Devices (AMD) late Tuesday edged above Wall Street’s targets for the second quarter, but its sales outlook for the current quarter was light. AMD stock fell in extended ...
AMD stock slips as revenue forecast dips below Street consensus
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expe...
Buy or Sell AMD Stock Before Earnings?
All eyes last week have been drawn to the tech giants’ earnings but this week has some big names reporting too; after the market closes today, Advanced Micro Devices (AMD) will grab hold of the earnin...
Intel Stock Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside.
Text size Intel was once the most valuable chip maker in the U.S. David Paul Morris/Bloomberg While badly wounded, Intel isn’t dead yet. And at least one analyst thinks there could be considerably mor...
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
Intel’s pain could be AMD’s gain
After a disastrous earnings report from Intel Corp. that acknowledged a big drop in data-center sales and internal mistakes, Advanced Micro Devices Inc. is expected up to show off exactly the opposite...
AMD Could Beat Q2 Consensus Driven By Robust CPU, GPU Share Gains, Says This Analyst
Reuters U.S. says insurers must still cover birth control after Supreme Court abortion ruling The Biden administration on Thursday warned U.S. businesses and health insurance providers that limiting c...
Intel Stock Will Plunge Further, Analyst Says
Text size Intel posted June-quarter financial results that fell far short of Wall Street estimates. David Paul Morris/Bloomberg Bernstein doesn’t believe Intel ’s troubles are behind it after the chip...
Opinion: Which Intel CEO is to blame for the current woes? Or is it actually AMD’s CEO?
As Intel Corp. investors try to parse through the wreckage of its disastrous second quarter, one nagging question will not go away: Which chief executive is to blame for the debacle — current CEO Pat ...
AMD Stock Dips. Why Analysts See It as a Buying Opportunity.
Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quar...