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Advanced Micro Devices Inc

Where we stand on Nvidia’s latest China update and its potential foray into a new processor market

by Adrian Jhonsan
Where we stand on Nvidia’s latest China update and its potential foray into a new processor market

Nvidia ‘s (NVDA) new disclosure on artificial intelligence chip sales to China is only moderately comforting, as questions about the world’s second-largest economy as a viable marketplace have yet to …

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Categories World

Intel stock drops on report Nvidia is working on an Arm-based PC chip

by Adrian Jhonsan
Intel stock drops on report Nvidia is working on an Arm-based PC chip

An exterior view of the Nvidia headquarters in Santa Clara, California, on May 30, 2023. Justin Sullivan | Getty Images Intel stock dropped 3% Monday after Reuters reported that Nvidia …

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Categories World

Micron building biggest chip fab in U.S. history despite China ban

by Ev Richard
Micron building biggest chip fab in U.S. history despite China ban

Memory chips are at the center of all devices, helping store and access data in smartphones, computers and the servers training generative artificial intelligence models. Just three companies make more …

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Categories Technology

U.S. bans export of more AI chips, including Nvidia H800, to China

by Ev Richard
U.S. bans export of more AI chips, including Nvidia H800, to China

The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in coming weeks. The U.S. government says the …

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Categories Technology

AMD acquires Nod.AI, AI startup as it seeks to catch up with Nvidia

by Ev Richard
AMD acquires Nod.AI, AI startup as it seeks to catch up with Nvidia

Advanced Micro Devices CEO Lisa Su. Scott Mlyn | CNBC Advanced Micro Devices announced Tuesday it will acquire Nod.AI, an open-source artificial intelligence software startup, to expand the chipmaker’s AI …

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Categories Technology

Here are all the portfolio moves the Club made in an oversold market

by Shawn Butlere
Here are all the portfolio moves the Club made in an oversold market

With the stock market deeply oversold this week, we put cash to work by picking stocks across a range of sectors including energy, technology and materials. We also added a …

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Categories Health

Intel plans to IPO programmable chip unit within three years

by Ev Richard
Intel plans to IPO programmable chip unit within three years

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on …

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Categories Technology

How GlobalFoundries aims to remain world’s third-biggest chip foundry

by Ev Richard
How GlobalFoundries aims to remain world’s third-biggest chip foundry

In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that …

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Categories Technology

Stock Markets: Long-term prospects are uncertain

by Adrian Jhonsan
Stock Markets: Long-term prospects are uncertain

People walk outside of the New York Stock Exchange (NYSE) in the financial district in Manhattan on June 14, 2022 in New York City. Spencer Platt | Getty Images News …

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Categories World

AMD stock pops after Microsoft CTO touts chipmaker’s AI products

by Adrian Jhonsan
AMD stock pops after Microsoft CTO touts chipmaker’s AI products

Lisa Su, CEO, AMD Scott Mlyn | CNBC Shares of AMD rose 5% on Thursday, a day after Microsoft’s technology chief executive said the chipmaker is bolstering its position in …

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Categories World
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