Computer components don’t usually transform entire industries. The Nvidia H100 has done just that.
Browsing: Lisa Su
Bank of America strategist Michael Hartnett has said the frenzy is beginning to resemble the dot-com bubble.
AMD has topped second-quarter estimates and said it was making further inroads in artificial intelligence computing.
Amazon Web Services is considering using new artificial intelligence chips from AMD, an AWS executive said.
AMD shares slumped after the chip maker forecast quarterly sales below estimates due to a weak PC market.
US chip maker AMD on Tuesday posted revenue that beat Wall Street targets and said it expected business to improve in the second half.
The chip maker’s third-quarter revenue estimates were about a billion dollars less than previously forecast, signalling the chip slump could be much worse than expected.
AMD forecast third quarter revenue slightly below estimates, a signal of uncertainty that concerned some investors after the company stock made huge gains in July.
AMD has forecast stronger-than-expected full-year and second-quarter revenue, sending its shares higher.
Semiconductor designer AMD said on Tuesday it would buy Xilinx in a US$35-billion all-stock deal, intensifying its battle with Intel in the data centre chip market.