News with tag AMD — GlobalNY.biz

Arm, SoftBank's Chip Designer, Initiates High-Profile IPO Filing

Business 22 August 2023 4807

Unleashing AI Potential In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO). Leading financial institutions, including Barclays, Goldman Sachs, JPMorgan Chase, and M...

Tech Giants Apple and Amazon Earnings Await: Wall Street Braces for Explosive Week Ahead

Business 31 July 2023 6944

Major Stock Moves Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs repor...

The U.S. stock market closed lower on Friday: Dow Jones drop 600 points

Business 8 October 2022 6351

Friday trading The U.S. stock market ended Friday's trading with a decline amid negative dynamics from the sectors of technology, consumer services and consumer goods. By the closing time on the New York Stock Exchange Dow Jones fell by 2.11%, S&P ...

Nvidia report: Revenue up 46%

Business 26 May 2022 3804

Nvidia shares and report Nvidia (NASDAQ: NVDA)'s financial report showed that the chipmaker's revenue and profit growth remain strong and exceed analyst estimates. Nvidia (NASDAQ: NVDA) shares reacted with a 6% decline on the release of its Q1 fisc...

US exchanges open with major indices down 0.3-0.4%

Business 1 March 2022 4153

Stock market on Tuesday Key indices on the New York Stock Exchange fell by 0.3-0.4 percent at the beginning of Tuesday's trading session amid the situation around Ukraine. According to data posted on the trading site's website, the Dow Jones Indust...

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AMD's revenues, profits and forecasts

Business 2 February 2022 3732

Company report results Advanced Micro Devices (AMD) (NASDAQ:AMD) on Tuesday reported fourth-quarter results that beat analysts' estimates. The revenue figure exceeded forecasts. The company reported $0.92 earnings per share and revenues of $4.83bln...

Stocks rise after UPS and ExxonMobil report

Business 1 February 2022 4585

US stock indices All three major indices: Dow Jones, S&P 500 and Nasdaq rose at the premarket. United Parcel Service shares rose after revenue of $27.7bn beat forecasts. UPS also increased its dividend by 49% to 0.50 cents per share. ExxonMobil re...

AMD gets Chinese approval to buy Xilinx for $35bn

Business 31 January 2022 3428

Xilinx to be bought by AMD AMD and Xilinx shares rose after Chinese regulators gave preliminary approval to the purchase deal announced more than a year ago. Advanced Micro Devices (AMD) and Xilinx (XLNX) shareholders received positive news last we...

The stock market this week

Business 31 January 2022 4766

Schedule for the week Stocks were very volatile last week and market analysts are predicting a further "transitional period". The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volatility...

Intel disputes $1.2bn fine imposed in 2009

Business 26 January 2022 3476

Fine for Intel Intel Corporation (NASDAQ:INTC) has challenged a $1.2bn fine handed down by the European Commission in 2009 in a case to force rival AMD (NASDAQ:AMD) out of the processor market. This was reported by Bloomberg news agency. The Europe...

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U.S. stock futures gain

Business 13 January 2022 4248

Stock futures rise US stock index futures rose on Thursday after weaker-than-expected producer price data eased fears of a faster interest rate hike by the Federal Reserve while Delta Air Lines led gains among carriers on strong earnings. The produ...

The stock market fell after the release of the Fed minutes

Business 6 January 2022 4683

Following the release of minutes from the Fed The Nasdaq Composite index collapsed as much as 3.34% and the S&P 500 by 1.94% in one trading day on Wednesday, as stocks fell sharply following the release of the December Fed meeting minutes. Wall Stre...

Intel to build factory in Malaysia

Business 16 December 2021 4218

A step into the Metaworld Intel (INTC) says it will spend $7.1bn to build a chip manufacturing plant in Malaysia as it seeks to compete with TSMC. Intel claims software that will be a "technical breakthrough" for the meta-universe. Moody's gives Int...

AMD becomes chip supplier to Meta and Facebook

Business 10 November 2021 3859

AMD chip supplier AMD's (AMD) stock jumped to a new high on news of a partnership with Meta (Facebook's new name), which will use AMD chips for its data centres. AMD unveiled new Instinct MI200 accelerators and 3rd generation EPYC processors with AM...

Stocks to buy in any stock market drop

Business 30 October 2021 4387

Stocks to buy Experts of investment companies say: the fall of the stock market opens the most profitable stocks to buy. AMD a stock to buy in any stock market downturn Advanced Micro Devices (AMD) stock fell 8% in September, but has already made ...

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Reporting week: Amazon, Google, Apple and Microsoft

Business 25 October 2021 7266

Schedule for the week This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will affect the general market mood. ...

Nvidia and AMD shares rise as Nvidia launches cloud gaming service on AMD chips

Business 22 October 2021 3771

Nvidia shares after cloud gaming launch Nvidia (NVDA) on Thursday announced the launch of its GeForce NOW RTX 3080 cloud service for streaming high-resolution, ultra-low latency video games by using powerful AMD chips on Nvidia data centre servers. ...

AMD expands partnership with Google Cloud

Business 4 October 2021 3540

Google partnership and semiconductor shortages AMD's stock rose 2.54 percent after news that the company's new AMD EPYC processor has been adopted by Google's data centre. In addition, the company announced ambitious targets for energy efficiency, E...

Stocks rise as investors ignore signals of Fed cutbacks

Business 23 September 2021 3933

US stock indices continued to rise on Thursday As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the S&P 500 Index and Nasdaq Co...

Intel prepares to enter a new market

Business 11 September 2021 3800

Competition in manufacturing Intel (INTC) is widely known as the global leader in central processing units, while Nvidia and AMD lead the way in graphics chip sales. However, Intel is preparing to release its Arc graphics chips in the first quarter ...

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