AMD has forecast stronger-than-expected full-year and second-quarter revenue, sending its shares higher.
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A sharp drop in graphics chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars.
With the global chip shortage extending into its third year, the world’s number one player is looking stronger than ever.
Chip designer AMD is acquiring cloud start-up Pensando for $1.9-billion to bolster its data centre products.
A Wall Street analyst has highlighted AMD’s growing market share, a strong portfolio of computer chips to rival that of Intel and a relatively cheap stock price.
Intel’s latest focus on making chips to meet rising demand will give AMD a chance to build a greater foothold in the segment, analysts said.
Intel CEO Pat Gelsinger gives himself an A- grade for his first year running the chip maker. Investors are proving to be tougher graders.
Intel has won an historic victory in its fight in the European Union courts over a record €1.06-billion antitrust fine.
Samsung Electronics has introduced its first mobile processor powered by AMD graphics as the company tries to better compete with Apple.
Microsoft has lured away a veteran semiconductor designer from Apple as it looks to expand its own semiconductor efforts.