SK Hynix's retreat followed a poor performance by U.S. chip stocks. Advanced Micro Devices and Micron Technology each fell more than 4% on Wednesday, while AI chip giant Nvidia shed 2%.
AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to ...
Revenue in AMD's data center segment, which houses its AI graphics processors, jumped more than two-fold in the September quarter. On the other hand, the personal computer segment grew 29%, while ...
Markets mixed after inflation data U.S. markets were mostly rangebound after the October inflation reading, with the S&P 500 ...
With inflation ticking up and a possible inflationary landscape ahead due to Trump’s policies, could a “higher for longer” stance from the Fed return?
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast ...
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance ...
“Our customers don’t ask us for it.” Other lesser-known floating-point variants include NVIDIA’s TensorFloat-32 format, with ...
Jensen Huang, the CEO of Nvidia, has the same caliber of vision and energy to drive his company to be like Apple, a ...
Advanced Micro Devices AMD has reportedly decided to lay off approximately 1,000 employees, representing 4% of its global ...