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Tag: Advanced Micro Devices

Tech Shares Power Stock Market Higher
8Dec By adminNo Comments
Money

Tech Shares Power Stock Market Higher

Stocks resumed their climb Thursday, led by the shares of big technology companies that have powered the market for much of the year. The S&P 500 was up 0.8%, closing near its high for the year. The tech-heavy Nasdaq Composite rose 1.4%, and the Dow Jones Industrial Average gained 0.2%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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AMD’s Piece of the AI Pie Will Need to Prove Sticky
7Dec By adminNo Comments
Money

AMD’s Piece of the AI Pie Will Need to Prove Sticky

Advanced Micro Devices has been defying the odds for years now. So it isn’t a great stretch to imagine the chip maker doing so again. The company more commonly known as AMD long competed primarily against Intel for a small slice of the personal computer and server markets. AMD’s fortunes began to brighten about five years ago thanks to smart design decisions, plus technological stumbles by its much larger rival. AMD now generates more than four times the annual revenue that it did in 2017; Intel’s business has shrunk by 16% in that same time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nvidia’s Rivals Prepare Their AI Assault
6Dec By adminNo Comments
Money

Nvidia’s Rivals Prepare Their AI Assault

Nvidia was never going to have the artificial intelligence market all to itself. The past year has certainly made it seem that way, though. Nvidia’s sales have more than doubled—and its market value more than tripled—as major tech companies snapped up the company’s chips to capitalize on the explosive interest in generative AI sparked by the launch of the ChatGPT online chatbot a year ago. Intel and Advanced Micro Devices, two of Nvidia’s largest competitors, have seen their data-center sales shrink lately as the tech giants operating those networks have redirected their spending toward Nvidia’s specialized chip platforms. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nvidia’s Rivals Prepare Their AI Assault
4Dec By adminNo Comments
World

Nvidia’s Rivals Prepare Their AI Assault

Nvidia was never going to have the artificial intelligence market all to itself. The past year has certainly made it seem that way, though. Nvidia’s sales have more than doubled—and its market value more than tripled—as major tech companies snapped up the company’s chips to capitalize on the explosive interest in generative AI sparked by the launch of the ChatGPT online chatbot a year ago. Intel and Advanced Micro Devices, two of Nvidia’s largest competitors, have seen their data-center sales shrink lately as the tech giants operating those networks have redirected their spending toward Nvidia’s specialized chip platforms. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nvidia’s Sales Surge, With No End in Sight for AI Boom
25Nov By adminNo Comments
Technology

Nvidia’s Sales Surge, With No End in Sight for AI Boom

Updated Nov. 21, 2023 6:27 pm ETNvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom.Huge investments in AI by tech giants from Microsoft to Amazon.com and by other large corporations have helped propel Nvidia’s sales to unprecedented levels in recent quarters.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Rise, Booking Weekly Gains
11Nov By adminNo Comments
Money

Stocks Rise, Booking Weekly Gains

U.S. stocks climbed Friday, notching a winning week, led by the Nasdaq Composite’s best day in more than five months.The tech-heavy index jumped 2%, its biggest one-day percentage gain since May 26. The S&P 500 rose 1.6%. The Dow Jones Industrial Average added nearly 400 points, or 1.2%. All three indexes finished the week higher, with the Nasdaq up 2.4%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Rise, Booking Weekly Gains
10Nov By adminNo Comments
World

Stocks Rise, Booking Weekly Gains

U.S. stocks climbed Friday, notching a winning week, led by the Nasdaq Composite’s best day in more than five months.The tech-heavy index jumped 2%, its biggest one-day percentage gain since May 26. The S&P 500 rose 1.6%. The Dow Jones Industrial Average added nearly 400 points, or 1.2%. All three indexes finished the week higher, with the Nasdaq up 2.4%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Fed Pause Helps Treasury Yields Retreat and Stocks Climb
1Nov By adminNo Comments
Money

Fed Pause Helps Treasury Yields Retreat and Stocks Climb

Many investors on Wednesday looked to the Federal Reserve for hints about whether this autumn’s unusual ascent in Treasury yields would help finish America’s inflation fight. The central bank’s message: maybe. In the tug of war between low-risk government debt and higher-risk equities, that was enough of a signal to push stocks higher Wednesday. The Dow Jones Industrial Average rose 0.7%, or 222 points, while the tech-heavy Nasdaq Composite added 1.6%. The S&P 500 increased 1.1%, led by the information-technology and communication services sectors. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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After a Boom and Bust, the Chip Industry Is Regaining Its Health
1Nov By adminNo Comments
Technology

After a Boom and Bust, the Chip Industry Is Regaining Its Health

Updated Nov. 1, 2023 12:02 am ETThe global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S. government, which is spending billions on expanding chip production.In recent weeks, executives at Intel, Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have expressed confidence that the worst is over for the chip industry, which had been in a prolonged slump.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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