It will be interesting to see if the foundry group gets hit. I seriously doubt it but it could happen. AMD seemed to have a good quarter.
finance.yahoo.com
www.yahoo.com
Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports
Intel declined to comment on the report when contacted by Reuters. The U.S chipmaker remains a major player in the personal computer and server markets, but has struggled to keep pace with the growing demand for chips used in AI applications. CEO Pat Gelsinger has initiated a turnaround to...
AMD raises forecast for AI chip revenue and sees supplies remaining tight
Advanced Micro Devices on Tuesday increased its 2024 forecast for artificial intelligence chip sales by $500 million and said supplies would remain tight through 2025, sending shares of the Santa Clara, California-based company up 7.5% in extended trading. Industry insiders and Wall Street view...