Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives forecast sales of more than $5 billion to start 2023, even as clo...
Tag: Datacenter
Nvidia’s Datacenter And Gaming Strengths Keep Analyst Upbeat About The Stock
Wells Fargo analyst Aaron Rakers reiterated Overweight on Nvidia Corp (NASDAQ: NVDA) with a $250 price target. Given the recent strength in shares of NVDA, he recommends a wait-and-see stance on NVDA’...
Opinion: Nvidia has faced this type of downturn before, and seems to have a specific goal in mind this time
Nvidia Corp. has been through this type of downturn before, and this time executives are taking more aggressive tactics to overcome it. Nvidia NVDA, +0.24% executives warned Wall Street on Wednesday t...
Nvidia stock will be solely a data-center story for the foreseeable future
Nvidia Corp. was built on videogames, but for the rest of the year at least, investors and analysts won’t be concerned with gaming when pricing the stock. Nvidia NVDA, -4.57% cut its revenue forecast ...
Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing
Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels ...
Opinion: AMD will finally give investors its data-center data as business soars
Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, +6.25% Chief Financial ...
AMD Soars After Data-Center Chip Sales Fuel Upbeat Forecast
(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center ...
AMD stock gains after Raymond James upgrades, citing ‘strong confidence’ in datacenter business
Shares of Advanced Micro Devices Inc. AMD, +2.89% rose 0.5% in premarket trading, to buck the selloff in its semiconductor peers and the broader stock market, after an upgrade at Raymond James. AMD...
Nvidia’s Gaming and Datacenter Outlook Is Strong. The Stock Gets an Upgrade.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip...